Discover Tax Incentive & Credit Options on Porsche Models for Your Business

Houston Business Owners Can Receive a Substantial Tax Credit for Certain Porsche Vehicle Purchases Through Tax Code 179

There are tax benefits for small business owners throughout Houston who prefer working with a Porsche. Section 179 under the Internal Revenue Code allows for tax deductions on vehicles for business use. Self-employed individuals can write off portions of the purchase price of a new Porsche vehicle that's used for business purposes. Discover this Porsche tax advantage in Houston by shopping at Porsche River Oaks, located off the Southwest Freeway near the Rice University campus. You may be eligible for Porsche tax deductions and not yet realize it.

Which New Porsche Vehicles Are Eligible for Tax Deductions Under Tax Code 179?

This is your chance to write off an eligible Porsche vehicle as a business expense through tax incentives. The new Porsche vehicle must weigh over 6,000 pounds in GVWR (Gross Vehicle Weight Rating). Small businesses throughout Houston can take advantage of the Section 179 tax savings on a handful of models. The following Porsche models are eligible for a tax credit if used for business purposes:

  • All-Electric Porsche Taycan
  • Porsche Cayenne E-Hybrid
  • Porsche Macan Electric

These Porsche models will allow you to conduct business in a first-class atmosphere. Tax Code 179 implies business use. If you conduct business-related travel often, you could receive a significant tax credit. The same goes for transporting business equipment and goods. Small businesses in the Houston metro area can do so with a Porsche Macan Electric or Porsche Cayenne E-Hybrid - two larger models eligible for tax incentives. Depreciation limits are reduced - by a corresponding percentage of personal usage - if the vehicle is not used entirely for business purposes 100% of the time.

  • New in Houston, TX

Requirements for Tax Credit Eligibility

The tax credit must be claimed in the first year of purchase. Put the vehicle into service before January 1, 2025 to be eligible for tax depreciation in the coming year. Customers can only deduct a vehicle during the first year it is in service. The vehicle must be driven for business use at least 50% of the time - based on total mileage - to qualify for tax depreciation deductions. It's wise to track business usage through a mileage log. Consult your Tax Advisor to determine the amount that can be deducted from the purchase price. Note that this tax credit is for businesses; not for general consumers. These Porsche vehicles must be from the 2022 model year or newer to be eligible.

Tax Advantages for Porsche Vehicles in Houston

Hurry to Porsche River Oaks to take advantage of this tax credit opportunity. Conduct pleasurable business travel from behind the wheel of a new Porsche. Remember that the Porsche vehicle must be used for business purposes. Guests should consult with Tax Advisors to ensure they can take full advantage of this opportunity. Contact us to learn more about Porsche models that qualify for the Section 179 tax credit.

We have taken reasonable efforts to ensure display of accurate data; however, the information shown may contain errors and omissions, may not reflect all vehicle items and accessories, and errors with regard to pricing may occur. All displayed inventory is subject to prior sale and all prices expire at midnight on the date displayed. Price shown is for the state in which Dealer is physically located and if transferred to another state, the price may change. Dealer is not responsible for any errors but should be consulted in person to confirm the information on this page.

Price excludes tax, tag, title, dealer installed options, and $225 documentary fee. Manufacturer’s Suggested Retail Price. Excludes options; taxes; title; registration; delivery, processing and handling fee; dealer charges; potential tariffs. Dealer sets actual selling price.

USED VEHICLES MAY BE SUBJECT TO UNREPAIRED MANUFACTURER RECALLS. PLEASE CONTACT THE MANUFACTURER OR A DEALER FOR THAT LINE MAKE FOR RECALL ASSISTANCE/QUESTIONS OR CHECK THE NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION WEBSITE FOR CURRENT RECALL INFORMATION BEFORE PURCHASING.