Section 179 Tax Benefits on Chevrolet Trucks, SUVs & Vans

Are you a business owner in Texoma looking to invest in a new work vehicle? At Sherman Chevrolet in Sherman, TX, we help local businesses take advantage of valuable tax savings through Section 179 of the IRS tax code.

Qualifying Chevrolet trucks, SUVs, and vans with a gross vehicle weight rating (GVWR) over 6,000 pounds may be eligible for significant first-year depreciation when used primarily for business. These incentives can help reduce your tax liability and keep more money in your business.

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

What Is Section 179?

Reminder: Always speak with your tax advisor for personalized recommendations.

Section 179 is part of the IRS tax code that allows businesses to deduct the purchase price of qualifying equipment, including certain vehicles, in the year the vehicle is placed into service. This incentive is designed to help businesses reinvest and grow.

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

• Is purchased and placed into service before January 1, 2026
• Is primarily used for business operations
• Is acquired through a qualified purchase or financing agreement
• Is titled in the business’s legal name

Section 179 Eligibility Guidelines

To qualify for deductions, vehicles must meet the following requirements:

• The vehicle may be new or pre-owned and must be purchased in an arm’s-length transaction.
• Financing must be obtained through qualified lenders.
• The vehicle must be titled in the company’s name.
• Deductions apply only in the year the vehicle is ready and available for business use.
• Business usage must exceed 50%.
• If personal use occurs, deductions are reduced proportionally.
• Vehicles first used for personal purposes are not eligible if later converted to business use.

Note: Individual tax situations may vary. Always consult your tax advisor.

Section 179 Eligible Chevrolet Vehicles

The following Chevrolet models may qualify for Section 179 based on GVWR requirements. Eligibility may vary by trim and configuration.

Please verify qualifications 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.
• ² Comparisons reflect Sections 179 and 168(k) of the Internal Revenue Code for vehicles placed in service before January 1, 2026.
• ³ Luxury vehicle depreciation limits may apply in future years.
• ⁴ Vehicles exceeding 6,000 pounds GVWR may be classified as “Heavy” vehicles under IRS guidelines.