Friday, November 16, 2012

Attention Small Businesses...

2013 Ford Super Duty Trucks
Act now for year-end tax savings and hurry in because the offer ends December 31st.  Thank to IRS Section 179 of the IRS Tax code, many businesses that invest in new equipment will be able to write off up to 100% of these purchases on their 2012 IRS tax returns.  Normally, businesses spread these deductions over several years.  But now, the tax benefits provided under IRS Section 179 allow many businesses to write off qualifying new equipment in the first year it is placed into service.  Please see your tax professional for more information and in order to establish if taking advantage of Section 179 will compliment your tax strategy.

The qualifying vehicle must be purchased and placed into service between January 1st 2012 and December 31st 2012.  It must be used at least 50% for business, based on mileage, in the first year it is placed into service.  So if you choose to use it for both personal and business use, the cost eligible for deduction would be the percentage used for business.  Again, please see your tax professional for details.  We are car professionals not tax professionals and can not give tax advice.

Keep in mind that for 2013, all indications are that the Section 179 deduction limitation will be reduced to only $25,000 and any bonus depreciation deduction will be eliminated.  So the December 31st, 2012 deadline is approaching quickly.

The analysis above applies only to vehicles placed into service in the United States after December 31st 2011 and before January 1st 2013.  Please see your tax professional for details.  Gresham Ford Fleet is here to help you find the work truck that you need when you need it.  Call us today for a no obligation quote 503-665-0101.

Wednesday, November 14, 2012

How to prepare for Winter Driving

Winter Driving Tips from Gresham Ford
"Winter seems to come along about the same time every year, but my tires don't know that," quips Mike Rowe.  "What should I know about winter driving?  You tell me, and I'll tell my tires."  Good think for Rowe, Ford Senior Master Technicians have it covered.  Gresham Ford has more Senior Master Technicians than most Ford dealerships in Oregon and/or Washington.

If you can follow a five-step checklist, winter driving can be a cinch.  The first thing you want to do is know the forecast.  You can't overestimate simple awareness of whether its going to snow or sleet.  We have some great weather people in the Portland Metro area that offer some fantastic tools for your smart phone.  Next, head to Gresham Ford for a tire inspection.  FYI - our Quick Lane and Service Centers preform a tire inspection every time you visit for maintenance or repairs.  One of the first questions will be if your tires are properly inflated.  Next the Ford factory trained technicians examine your tire tread depth.  Its time to swap them out if the wear indicator is showing.  Parking habits are also critical.  If the vehicle sits in the same spot every day with the sun beating down or the rain beating down as the case may have it, the exposed surfaces will be prone to cracking.  Gresham Ford Service technicians can also share with you the age of your tires.  Even if a tire has never been used, if it is old it may wear at a higher rate because the rubber has dried out and cracked.
Call Gresham Ford Service with your Questions

Another consideration for winter tire care is the environment.  Do you live in the city?  Then roads will probably be plowed quickly.  If you're a little farther out, you might have to get over slush or snow pack on the road.  If you live on Mount Hood or live in Sandy this is especially important to you.  Your situation will help you decide whether you need special equipment like snow or studded tires.  Gresham Ford has their own studding machine and if you ask we will be happy to show off our newest piece of equipment.  If you are like most people a good all-weather tire will keep you prepared for unforeseen conditions.  It all boils down to friction.  That's all that is keeping you on the road and out of the snowbank.  In Oregon we see far more rain than snow and their are tires that are better for rainy conditions.  Our tire experts can help show you the best tread for rain and help you determine if you need snow or stud tires instead.