2024 Section 179 Limits Vehicles List. Section 179 deduction dollar limits. For 2024, the spending limit for section 179 on purchases made between january 1 and december 31 is $3,050,000, reflecting a $160,000 increase from the previous year, 2023.
However, it’s essential to consult with a tax professional to. Cars and luxury vehicles, suvs, and โotherโ vehicles: