Section 179 Tax Benefits on Chevrolet Trucks, SUVs & Vans

Are you a business owner looking to upgrade your fleet with a new Chevrolet vehicle? At El Dorado Chevrolet in McKinney, TX, we’re here to help you take advantage of valuable tax savings through Section 179 of the IRS tax code.

Under Section 179, qualifying business vehicles with a gross vehicle weight rating (GVWR) over 6,000 pounds may be eligible for significant first-year bonus depreciation when used primarily for business. This can help lower your tax burden and potentially save your business thousands of dollars.

Below, you’ll find helpful information about Section 179, eligibility guidelines, and Chevrolet models that may qualify.

What Is Section 179?

Reminder: Always consult your tax advisor for personalized guidance on Section 179 eligibility and deductions.

Section 179 of the IRS tax code allows businesses to deduct the purchase price of qualifying equipment—including certain vehicles—during the year it is placed into service. This incentive is designed to encourage businesses to invest in tools and vehicles that help them grow.

For qualifying vehicles with a GVWR between 6,000 and 14,000 pounds, businesses may be eligible for up to 100% bonus depreciation in the current tax year, provided the vehicle is:

• Purchased and placed into service before January 1, 2026
• Used primarily for business
• Purchased through a qualifying transaction
• Titled in the business name

General Section 179 Guidelines

To qualify, vehicles must meet the following conditions:

• The vehicle may be new or used, but must be purchased in an arm’s-length transaction.
• Financing must be through qualified loans or leases.
• The vehicle must be titled in the company’s name, not the individual owner’s name.
• The deduction applies only in the year the vehicle is placed into service.
• The vehicle must be used for business at least 50% of the time.
• If the vehicle is used partially for personal purposes, the deduction is reduced accordingly.
• Vehicles initially used for personal purposes do not qualify if later converted to business use.

Note: Individual tax situations vary. Please consult your tax advisor for complete details.

Section 179 Vehicle Eligibility Requirements

The following Chevrolet models may qualify for Section 179 deductions based on GVWR exceeding 6,000 pounds. Eligibility may vary by trim level and configuration.

Please confirm details with your tax professional.

Important Notes & Disclaimers

• ¹ Tax situations vary by business. Information is accurate at the time of publishing and subject to change. Always consult your tax advisor.
• ² Comparisons are based on Sections 179 and 168(k) of the Internal Revenue Code for qualifying “heavy” vehicles placed in service before January 1, 2026.
• ³ Luxury vehicle depreciation limits may apply in future years.
• ⁴ Vehicles with a GVWR over 6,000 pounds may be classified as “Heavy SUVs” or commercial vehicles under IRS guidelines.