Photo Credit: New Holland
New Holland Construction and Kobelco Construction Machinery America now offer an online tool for new equipment buyers to calculate their potential savings through the Federal Government’s extended 2009 tax incentives.
Photo Credit: Kobelco
According to OEMOffHighway.com, possible benefits include 50-Percent Bonus First Year Depreciation and expanded Section 179 Expense Election, letting companies to expense up to $250,000 in equipment purchases as long as they don’t spend more than $800,000 during the tax year.
The calculator is provided by CNH Capital and is available www.newholland.com as well as www.kobelcoamerica.com. Buyers can also compare different financing options available to them.
Source: OEMOffHighway.com, New Holland, and Kobelco Construction Machinery America
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-Dan Vest