We’re proud to announce that Lane Powell, Chief Operations Officer of Peterbilt Truck Parts & Equipment and Silver State International, is featured in the latest edition of Smart Money magazine. His editorial, “Why Now Is the Time to Invest in New Business Vehicles,” offers valuable insights for business owners and fleet managers as 2025 comes to a close.
In his piece, Lane explores why Q4 2025 presents a unique opportunity to strengthen your fleet both operationally and financially. With continued uncertainty in the regulatory landscape and evolving business demands, Lane explains how strategic investments made before year-end can offer significant advantages.
The One Big Beautiful Bill Act (OBBBA) extended a 100% bonus depreciation deduction for qualifying business assets acquired and placed in service before the end of 2025. That means businesses that purchase and begin using new vehicles before December 31 can deduct the full cost on their 2025 taxes — a major incentive for those considering an upgrade.
Beyond tax benefits, new trucks and equipment bring long-term value. With advanced safety systems, fuel-efficient engines, and full warranty coverage, they help reduce downtime, minimize maintenance costs, and improve driver safety. For larger fleets, those gains compound through better logistics, lower insurance rates, and more predictable operating costs.
Lane emphasizes the importance of lead time and compliance when adding vehicles to your fleet. Custom orders or specialized configurations can take weeks or months to deliver, and vehicles must be fully operational — not just purchased — before year-end to qualify for the tax deduction. Planning ahead ensures you’re ready for DOT compliance, registration, and integration into your operations.
A final piece of advice from Lane: Don’t go it alone. Work closely with your tax advisor, dealership, and fleet specialists to make sure your purchase aligns with your company’s needs and long-term goals.
Lane’s Smart Money feature highlights his deep understanding of the balance between financial strategy and fleet performance, offering readers practical steps to navigate the evolving business and tax landscape of 2025.
Read Lane Powell’s full editorial in Smart Money magazine here.
