Could your business's fleet take advantage of a Section 179 Tax Deduction?

Ok I am not a CPA. I did not fare well in Accounting back in business school. My friends might say that I would struggle to balance a check book. They may not be wrong. But I do have good people around me and sometimes they bring up resources that I'd like to share with others. I remind you - please check with your Accountant before you make any purchase decision based on this information. Ok my disclaimer is over and remember this would apply to NEW vehicle purchases only.

For 2012, the Section 179 Deduction is available for most new and used capital equipment, and also includes certain software.  Bonus Depreciation can be taken on new equipment only (no used equipment, no software)  When applying these provisions, Section 179 is generally taken first, followed by Bonus Depreciation – unless the business has no taxable profit in 2012.

So if a Company purchases a Pickup Truck for $40,000 after All incentives, the total tax savings will be an additional $14,000 or 35% of the Vehicle Price.

What this means for your company:

These deductions are generous, and this is the last year they are scheduled to be so high. This is why we recommend taking advantage of Section 179 right now, it means a lot to your bottom line THIS YEAR

Examples: 

See SECTION179.ORG for Full Details and consult a tax professional for your eligibility.

Lamborghini Tampa Florida FL

Tampa's Morgan Auto Group has Florida's newest Lamborghini store. Lamborghini Sarasota serves the Tampa Bay area and has since 2010. For Sales and Service Contact General Manager Victor Young or Fabio Ruiz in sales. 

http://www.lamborghinisarasota.com/about-us/staff/

Lamborghini Sarasota is behind BMW of Sarasota off Clark Road in Sarasot

Lamborghini Sarasota

5145 Clark Rd
Sarasota, FL

Sales, Parts & Service: 

(941) 556-2980

http://www.lamborghinisarasota.com/

Visit our showroom to view our current Lamborghini lineup. 

Lamborghini Aventador Tampa

Lamborghini Gallardo Tampa 

Lamborghini Urus Tampa

Pre Owned Lamborghini Aventador 
Pre Owned Lamborghini Gallardo Tampa 
Used Lamborghini Tampa
Used Lamborghini Sarasota 
Used Lamborghini Aventador Tampa 
Used Lamborghini Gallardo Tampa 
Exotic Car Tampa 
Exotic Car Lamborghini Tampa 
  

Ford Turns to Tablets to Grow Consumer Loyalty

When you buy a gift card at Starbucks you have the option to place the card directly on your Smart Phone. When you order a pizza online you can track the Pizza’s progress from the oven to your driveway.  If you were speaking to Ford’s Vice President of North American Sales Ken Czubay he would tell you Ford is behind on the technology front and they know it.

Czubay, whose LinkedIn profile states he is Ford’s “Sales Guy,” is counting on Apple iPads to increase customer engagement. He spoke recently in front of a packed house at Wesley Chapel’s Saddlebrook Resort in Wesley Chapel during Ford’s regional Southeast business meeting. The tablets will be launched in both Sales and Service with a variety of applications targeted at giving customers a greater and more efficient experience. In Service applications will quickly pull up a customers vehicle history and offer an efficient RO build.

Ford began using tablets and their new “Showcase” application recently through a Dealership opt-in program. The application is an extension of Ford.com allowing vehicles to browse inventory and customize the Ford order of their dreams.

Czubay admits that despite Ford’s recent strides they need to become more of a car company being that the opportunity with their best selling F-150 truck is limited. While Ford’s Mike Rowe-lead commercials are favorably received customer loyalty is flat on both of the arena: sales and service. Whether or not tablets become a part of the successful culture of Ford remains to be seen but will in a large part come down to execution. Ford admits that until they find a differentiated customer strategy at the dealership level they will still be haunted by third-party Internet providers like TrueCar that offer and deliver a unique customer experience.

In a Challenging Economic Climate Gainesville's Buick GMC Completes $2 Million Dollar Renovation

[Gainesville, FL], August 21, 2012:  Wade Raulerson Buick GMC has been entrenched in the Gainesville community as a family owned dealership (under a few names) for over 30 years and in 2012 has undergone a major face-lift amounting to $2 Million Dollars for the Tampa-based Morgan Auto Group. 

“We feel good about the store’s reputation in the past but we wanted to show customers (new and current guests) that we believe in the Buick GMC brand and want to provide them with a better experience,” said Wade Raulerson Buick GMC owner Larry Morgan.

“Times are challenging and Gainesville residents have many options when it comes to their new or used car purchase. We wanted to say that we are serious about earning their business.”

The remodel brings a covered and climate controlled service drive and write up area to Gainesville’s Buick GMC franchise as well as a remodeled showroom to showcase current models. “For the first time in maybe forever we will have our cars right inside our showroom to demo for our guests,” recalled General Manager Andrew Vislosky.

The facility will add increased capacity and comfort for service guests, media and business access for those who need to work while they wait and a children’s play area.

“I lived here in Gainesville for three years while working with our Buick GMC store. I made some fantastic relationships here and Gainesville is a special place to me,” offered Larry’s son and partner Brett Morgan.

“We continue to invest in Gainesville not based on today’s market conditions but because we are positive about the future here in Gainesville.” The remodel is set to be completed by the 1^st week of November.