Tuesday, November 22, 2011

Why Choose A Hybrid from Gresham Ford Fleet

The Ford hybrid is a gasoline powered vehicles that uses an electric motor and high-voltage battery pack to improve fuel economy over conventional vehicles.  The gas engine is the primary source of power and the electric power is supplemental. 

How it works:

The Ford Fusion Hybrid and the Ford Escape Hybrid use available electric power during acceleration to drive the wheels at low speeds, but seamlessly switches to gasoline engine power at speeds up to 47 mph in Electric Vehicle Mode.  The gas engine and regenerative braking system actually charge the high-voltage battery pack while you're on the go.  There's no need to plug in: it drives and feels pretty much like other car.

Gresham Ford Fleet offers both the Fusion Hybrid and the Escape Hybrid at fantastic prices for municipal and government buyers through contract #0434 with the State of Oregon purchasing.  This purchasing cooperative provides all of the checks and balances needed.  For more information about the Oregon Cooperative Purchasing Program call Nancy Ahlbin (Program Coordinator) at 503.378.2497.  Gresham Ford Fleet utilizes a transparent pricing policy to provide the same value to commercial clients. 

How it Saves: 

Depending on driving conditions and habits, hybrids can deliver a significant improvement in mpg when compared to the gasoline-only version.  For example, the 2012 Ford Fusion-Hybrid earned an EPA-estimated 41 mpg in the city, making it the most fuel efficient mid size hybrid sedan in America

A hybrid is the ideal choice for people who do a lot of city driving, drive at low speeds or have short daily commutes, because its under these conditions that the car benefits from supplemental electric power.  Taking a longer trip?  No problem - the electric power will kick in when it can to help extend fuel efficiency.  The estimated range for the Ford Fusion Hybrid is over 700 miles on a single tank of gas. 

Gresham Ford Fleet serves the NW Commercial Vehicle needs at a great value. 

Monday, November 21, 2011

More Vehicle Choices, More Businness Tax Deductions Opportunities for 2011

Here's how it works.......Business Owners can write off up to 100% of the purchase cost on their next new Ford.  And just so we are all clear, Gresham Ford is providing this information as a customer service.  Anything written in this article or spoken by Gresham Ford Sales staff should not be construed or provided as tax advice or as a promise of potential tax savings or reduced tax liability, we do cars not taxes.  Your individual tax situation will vary so see federal rules and tax guidelines.  For more information also check the IRS website www.irs.gov or speak to your tax advisor soon. 

Many businesses that incest in new equipment will be able to write off up to 100% of these purchases on their 2011 returns.  Normally, business spread these deductions over several years.  But now, due to the tax benefits provided under IRC Section 168 (k), qualifying businesses can write then off in the first year they are placed into service. 

Section 168 of the tax law allows a company to take a bonus depreciation deduction of up to 100% of the cost of qualified property, which include several Ford vehicles.  Unfortunately for the Oregon small business owner these vehicles do not include Mustang Convertibles.  Passenger automobiles under 6000 lbs. GVWR like the Ford fiesta, Focus, Fusion, Taurus, or even the Escape and Explorer may qualify for up to $11,060 in tax deductions.  However to recieve the 100% write off you need to purchase a Truck, Van or SUV over 6,000lbs GVWR like a F-150 or Econoline Van.  There is no set dollar limit to the amount of property that can be deducted as long as it is purchased and placed into service between September 9th 2010 and December 31, 2011.  Many times there is a need for one or more qualifying vehicles.  The vehicle must also be new, not pre-owned and must be used at least 50% for business.  As of January 1st, 2012 abd beyond the bonus depreciation deduction under section 168(k) is scheduled to be reduced from 100% to 50% of the cost of the new equipment.  So December 31st, 2011 could be the deadline for their best opportunity.

Gresham Ford is a founding member of the East County Try Local First Campiagn, helping to drive business to small businesses in Easy County and surrounding.  If you are a small business that needs to purchase a new vehicle before the end of the year, contact Gresham Ford Fleet today at 503.665.0101.

Tuesday, November 1, 2011

Section 179 creates economic stimulus in the NW

NW business owners and fleet managers are putting more thought and effort into what and when they purchase vehicles.  The Economic Stimulus Act has created the right time and the right incentives for thousands of business owners and fleet managers.  Oregon Ford Fleet Dealerships are spreading the word about how businesses can benefit from the bonus depreciation tax deduction provided under IRS section 168(k) and the tax deduction allowed under IRS section 179 when a company purchases a eligible vehicle.  Purchases must be made by December 31st 2011.  Both of these tax provisions currently offer businesses a tax deduction equal to 100% of the cost of most new equipment.  In the case of vehicles, the new equipment must have a gross vehicle weight rating over 6,000lbs.  This includes the purchase of qualifying F150 and Super Duty Trucks and or E Series Vans.  Remember the only catch is that you need to make your purchase and put the vehicle into use before December 31st 2011. 
     In addition to the tax deductions and bonus depreciation benefits Ford Motor Company is offering fantastic rebates and special private offers to some businesses.  Contact Gresham Ford Fleet directly to find out if you have a private rebate offer waiting for you.  For instance during the Commercial Truck Month at Ford you may also be eligible for up to $2500 in upfit incentives in addition to other customer cash and financing incentives.  Also consider Ford Commercial Credit especially if you are a small business building your commercial credit.  Everyone in business knows that timing is critical to success and that now is the time to benefit from the Economic Stimulus package.  See Gresham Ford Fleet for complete details and qualifications of rebates.  Gresham Ford is not a tax professional and does suggest that you consult your tax professional before purchase. 
     The benefit of bonus depreciation as referenced above and detailed in IRS section 168 (k) allows a company, like yours, to take a 100% tax deduction for purchases of qualified property purchased and placed into serve after September 8th 2010 and before December 31st 2011.  There is no set dollar limit to the amount of property that can be deducted as long as it is purchased and placed in service during the required time period.  NW business owners have weathered the economic storm and residual downturn but many have put off major purchases of equipment especially vehicles.  These small business owners can now take advantage of Commercial Truck Month incentives and the offer from the IRS thru the Economic Stimulus act. 
     Section 179 of the IRS tax code provides provisions for businesses to take a 100% deduction for the purchase of qualified property that is placed into service.  For tax years beginning on or before December 31, 2011, the deduction is limited to $500,000 or purchased equipment.  This limitation is decreased by one dollar for every dollar the company spends over $2,000,000 on new equipment.