100% business use minivan over 6,000 pounds under 14,000 cost $37,500. Looks to me like section 179 is limited to $25K and then can take regular depreciation of $2500. However if I use special depreciation it allows the full amount. Is that correct?
Yup
Your state may not allow Special Depreciation though, so that could be a factor in your decision on which way to go.
