Biz Write-Offs LogoBiz Write-Offs

Tow truck

$60,000-$150,000

Can You Write Off Tow Truck?

Short answer: Yes: tow trucks are commercial vehicles eligible for Section 179 and bonus depreciation.

Keep dispatch logs and keep personal use minimal.

Records to keep: Keep a contemporaneous mileage log (date, miles, business purpose), business-use percentage, the purchase contract, and a photo of the door-jamb GVWR sticker.