Chevrolet Section 179 Tax Deductions
Discover the perfect blend of business efficiency and financial savings at Ryan Auto Mall Chevrolet -- your trusted Chevrolet dealership. We offer an expansive fleet of commercial Chevrolet vehicles that are suitable for different business needs. Adding to this are the significant savings your tax advisor can help you unlock through the Section 179 tax deduction.
An excellent tax incentive for local businesses, the Section 179 tax deduction allows for a partial or full write-off of the vehicle's purchase costs from your company's annual taxes. To take advantage of Section 179 this year, you need to buy and put the vehicle into service after January 19, 2025!
Curious about the Chevrolet models eligible for Section 179? Visit our Chevrolet dealership in Buffalo, MN to explore our assortment of commercial pickups, SUVs, EVs and more to find the vehicle that suits your business needs!
Understanding the 2025 Section 179 Deduction Caps
Section 179 was developed by the IRS to support small and medium-sized businesses, helping them minimize costs, especially those related to vehicles. There are certain caps on the amount that can be tax-deducted. The 2025 section 179 tax limits include:
- 2025 Deduction Limit. For 2025, eligible businesses may deduct up to $2,500,000 in qualifying vehicle and equipment purchases under Section 179. The deduction begins to phase out at $4,000,000 in total purchases and is fully phased out at $6,500,000.
- Bonus Depreciation Restored. As part of the One Big Beautiful Bill Act, bonus depreciation has been restored to 100% for vehicles placed in service after January 19, 2025. This allows businesses to deduct the entire remaining cost basis after applying Section 179—significantly enhancing your first-year tax benefit.
- The Passenger Vehicles Deduction Limit: examples include pickups or heavy SUVs weighing between 6,000 and 14,000 pounds. Eligible vehicles may qualify for a maximum first-year deduction of up to $30,500.
Chevrolet Models Qualifying for Section 179 in 2025
A range of our new Chevy trucks near Plymouth qualify for the Section 179 tax deduction, either partially or fully. We also have commercial vans, certain SUVs, select EVs and more that can qualify. Eligible models include:
Up to 100% of Purchase Price1
- Silverado 1500-3500 HD models
(standard or long bed models only) - Silverado 4500-6500 HD models
- Silverado HD Chassis Cab models
- Express Cargo Van
- Express Passenger Van
(12- or 15-passenger models only) - Express Cutaway
- Low Cab Forward
Up to $25,000 (Plus up to 60% of the remaining purchase price plus standard depreciation deduction) 1
- Silverado 1500 - Short Bed
- Tahoe
- Suburban
- Traverse
- Colorado
(all models except 2WD models w/ 5,800 GVWR) - Blazer
- 5-passenger Express Passenger Van
Up to $20,4001
- Bolt EV
- Bolt EUV
- Camaro
- Corvette
- Equinox
- Malibu
- Trailblazer
- Trax
- Colorado (2WD w/ 5,800 GVWR model only)
Understanding Section 168(k) Tax Code
Section 168(k) is a tax provision that allows businesses to deduct the costs of property investments during the tax year. This incentive is designed to encourage businesses to invest in themselves by purchasing equipment, including eligible heavy-duty trucks and commercial vans from Ryan Auto Mall Chevrolet.
To claim the Section 168(k) tax write-off, check out our Chevy commercial trucks for sale nearby and speak with our team to provide your business with additional relief this tax season.
Buy Chevrolet Commercial Trucks Near Me
Contact Ryan Auto Mall Chevrolet in Buffalo to discover our selection of Section-179-eligible Chevy models and help your business reach new heights of productivity and savings. Claim this exciting tax deduction before the year’s end and save on a qualifying new or used vehicle today!
1 Information accurate at the time of publishing. Refer to https://www.section179.org for the most current specifics.