Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and software purchased or financed during the tax year. This means that if you buy (or lease) a piece of qualifying equipment, you can deduct the full purchase price from your gross income. The goal of Section 179 is to encourage businesses to invest in themselves by purchasing equipment and software, thereby stimulating growth and improving productivity.

Section 179 in 2024:

For the tax year 2024, the Section 179 deduction limit is $1,160,000. This means that businesses can deduct up to this amount of the cost of new or used equipment purchased and put into service during 2024. Additionally, the total equipment purchase limit is $4,050,000. Once your total equipment purchases exceed this amount, the deduction available under Section 179 begins to phase out on a dollar-for-dollar basis.

How Does Section 179 Help with Robotic Welding Cells? 

Investing in Spartan Robotics' welding cells qualifies for the Section 179 deduction. This means that the full purchase price of our robotic welding cells can be deducted from your gross income, resulting in significant tax savings. Here’s an example to illustrate the potential benefits:

Example Calculation:

• Cost of Welding Cell: $80,000
• Section 179 Deduction: $80,000
• Tax Savings (assuming a 21% corporate tax rate): $16,800
• Net Cost After Deduction: $63,200

By taking advantage of Section 179, you can significantly reduce the net cost of your investment in robotic welding cells, making it a financially smart decision to boost your manufacturing capabilities and productivity. This deduction, combined with the productivity gains and cost savings from using robotic welding cells, can lead to a rapid return on investment.

For more detailed information and to see how much you can save with Section 179, consult with your tax advisor or contact us directly. We're here to help you understand all the benefits of investing in our robotic welding solutions.

One of the advantages of choosing Spartan Robotics for your welding needs is our commitment to providing a comprehensive and cost-effective solution. Our software and learning curriculum are provided free of charge, ensuring that you have access to all the tools and training needed to maximize the use of your welding cells without additional expenses.

However, it's important to consider the following potential recurring costs:

1. Maintenance and Servicing:
   • Regular maintenance is essential to keep your robotic welding cells running smoothly. While our welding cells are designed for durability and reliability, routine checks and servicing may incur some costs. This can include replacement parts, lubricants, and professional maintenance services.
2. Consumables:
   • Welding operations typically require consumables such as welding wire, shielding gas, and contact tips. These items need to be replenished regularly based on your usage.
3. Utilities:
   • Operating robotic welding cells will increase your utility bills, particularly electricity and possibly gas, depending on your welding setup.
4. Spare Parts:
   • Although our robotic welding cells come with a robust warranty (two years for the robot and three years for welding equipment), there might be a need for spare parts after the warranty period or for non-warranty issues.

In Summary:

While there are some potential recurring costs associated with maintenance, consumables, utilities, and spare parts, Spartan Robotics ensures that there are no hidden fees related to software or training. Our free software and learning curriculum significantly reduce the overall cost of ownership, making our robotic welding cells a cost-effective investment for your business. With proper maintenance and usage, these systems provide a reliable, high-return solution to your welding needs.

For more information on managing and minimizing recurring costs, feel free to contact us. Our team is here to help you make the most of your investment in robotic welding technology.

Yes, we do offer financing options for our robotic welding cells. We partner with reputable financing companies to provide flexible terms tailored to your needs.

Financing Highlights:

• Lease to Own: Financing options include a lease-to-own plan with a $1 buyout at the end of the term, so you will fully own the equipment.
• Flexible Terms: Terms range from 24 to 60 months, allowing you to choose a plan that fits your budget and cash flow.

Benefits of Financing:

• Less Cash Down: Preserve your cash for other business needs such as expansion, improvements, or marketing.
• Minimum Cash Requirements: Spread the cost of the equipment over time with smaller, manageable payments while the equipment generates revenue.
• Customized Terms: Set payments to match your cash flow and accommodate seasonal income fluctuations.

Why Finance?

• Tax Advantages: Equipment financing can offer tax benefits, making it a smart financial decision.
• Customized Payment Terms: Tailor your payments to suit your business needs.
• Improve Cash Flow: Free up your cash flow for other critical business expenses.
• Fast and Easy Process: Quickly get the equipment you need to enhance your operations.