2020 Tax Incentives

2020 Tax Incentives

There still is time to receive some amazing tax incentives for 2020. NationaLease San Diego has several models ready for delivery so you can take advantage of the tax benefits.

When you purchase a truck for business purposes and begin using it, you can apply the benefit of the “Section 179 deduction”. Section 179 of the IRS code was enacted to help small businesses take a depreciation for capital expenditures in one year, rather than depreciating over the useful life of item purchased.

For example, if you purchase a commercial truck to enhance your fleet or to replace trucks that are nearing their end of service life, you can deduct the full cost of the truck in one year. The truck must be purchased and put into service during the year in which you claim the deduction.

There are some annual limits on the amounts that can be deducted per Section 179. For 2020, the cap for total write-off is $1,040,000 and the limit for the total amount purchased is $2.5 million. The deduction decreases after $2.5 million is spent and is not available for total purchases over $3.5 million, thus making this tax incentive truly focused on small and medium businesses.

All businesses that purchase, finance, and lease new and used business equipment during the 2020 tax year potentially quality for Section 179 Deductions. Commercial truck leasing and purchase are among the eligible goods. For most small businesses, the entire cost of a truck purchase could be written-off on the 2020 tax return.

If you have any questions about Section 179 Deductions, our knowledgeable staff at NationaLease of San Diego is here to help. We have some excellent resources on our website to help you get started. Visit https://www.section179.org/section_179_deduction to get all the details.

Of course, we recommend you also consult with your accountant as he/she will know best about your particular business expenses and other planned deductions for your business in Tax Year 2020. Thank you for considering NationaLease of San Diego. Our family-owned business has been serving the greater San Diego area for 37 years. We look forward to helping you with all your commercial truck needs.

NationaLease of San Diego

Your Full-Service Leasing Company!


(800) 736-3443

Why NationaLease?

Commercial truck LeasingNationaLease is one of the largest full-service commercial truck leasing companies in North America. It is comprised of a network of independent businesses throughout the United States and Canada. The strength of NationaLease is found in the fabric of its members who are committed to providing flexible, quick responses to all your transportation needs.

Here are some of the specifics of what make NationaLease of San Diego the best choice for leasing your next truck or fleet.


NationaLease is one of the largest full-service truck rental and leasing organizations with over 150 independent business owners in 900+ locations in the US and Canada.


NationaLease has a combined fleet of over 165,000 tractors, trucks, and trailers available for lease in over 900 locations throughout North America.


NationaLease has extensive experience in a variety of specialized industries, such as foods & perishables, agriculture, and metals. We have the range and the equipment to provide you solutions to your specific industry needs.


NationaLease just celebrated its 75th Anniversary; founded in 1944 in Chicago with 17 truck leasing companies dedicated to sharing efforts and ideas. Today NationaLease leverages its experience to bring you

  • Full-service Leasing
  • Long Term Rentals
  • Economic Benefits
  • Logistics
  • Emergency Roadside Assistance

Taking all these benefits into account, working with NationaLease of San Diego as a partner makes leasing and renting a better option for your business, offering the most reliable and cost effective, solutions with options for future expansion and upgrades.

NationaLease of San Diego, is your trusted partner in the commercial truck leasing business. A family business with over 37 years’ experience. We stand behind our trucks, our service, fabrication, and fleet services.

Give us a call to learn more.

NationaLease of San Diego


(800) 736-3443