Chevy Section 179 Tax Deduction in Bally, PA
Looking to maximize your business’s purchasing power? The section 179 tax deduction opportunities make it easier than ever for local businesses to upgrade their fleets with new or used Chevrolet vehicles in Bally. With expanded deduction limits and full bonus depreciation in place for 2025, now is a strategic time for business owners to review the benefits of investing in qualifying commercial trucks and vans. Explore how Section 179 can help your company equip itself for success while keeping more cash in your pocket.
Stop by our Chevy dealership near Emmaus to learn more about Section 179 tax advantages and grow your fleet.
2025 Section 179 Tax Deduction Overview & Limits
Business owners often ask about the 2025 Section 179 tax deduction limits and how they apply to new or pre-owned vehicles. The current IRS guidelines offer significant advantages for those planning to purchase or lease equipment for business use before December 31. With a generous deduction limit and a spending cap designed specifically for small businesses, Section 179 encourages companies to invest in their operations without the heavy burden of long-term asset depreciation.
Searching for current details about the Section 179 tax deduction, Section 179 limits, or bonus depreciation eligibility? Quigley Chevrolet provides resources and commercial vehicle expertise for companies who want to make the most of every dollar this tax year.
- 2025 Deduction Limit: $2,500,0001
- Good on new and used equipment (as long as new to the buyer)
- Purchased or leased
- 2025 Spending Cap: $4,000,0001
- This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar-for-dollar basis (making it a true small-business incentive)
- Complete phase-out at $6,500,000
- 2025 Bonus Depreciation: 100%1
- Defined as: a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets
- Generally taken after the Spending Cap is reached
- Applies to new and used
- Must be purchased and put into use before Dec. 311
- Must be used for business purposes more than 50% of the time
- Must be titled in the company's name (not the company's owner's name)
Full Section 179 deduction available 1
- Heavy SUVs & Trucks (Over 6,000 lbs. GVW):: $31,300 maximum Section 179 1
- Cars, Light Trucks & SUVs (Under 6,000 lbs.):: $20,400 first-year maximum 1
Wondering which Chevy vehicles qualify for the Section 179 deduction? Eligible new Chevy models and used vehicles span a wide range of needs, including commercial trucks, cargo vans, and other Chevrolet work vehicles designed for business operations.
To help you understand which models fit the IRS requirements, our Bally commercial team can walk you through the latest eligible Chevrolet models and configurations, with plenty of options whether you are buying new or used. No matter where your work takes you, it's to find a Chevrolet commercial vehicle that checks all the boxes for Section 179 eligibility.
Eligible Chevy models may include, but are not limited to:
Silverado 1500
Silverado EV
Silverado HD
Colorado
Express Cargo Van
Express Passenger Van
Suburban
Tahoe
Traverse
How Do I Use the Section 179 Tax Incentive?
Getting started with the Section 179 tax incentive is simpler than many business owners expect. Vehicles must be purchased or leased and put into business use before the end of the calendar year, and must be titled in your company’s name. Use the vehicle for business purposes more than half the time, consult with your tax advisor, and keep complete purchase documentation on file.
Not sure if your planned purchase will qualify? Our staff is ready to partner with your accountant and make the whole process easier, from paperwork to model selection.
Commercial Chevy Vehicles for Sale Near Me
Upgrading your fleet or adding a new commercial vehicle? Leverage the savings potential of Section 179 at Quigley Chevrolet. Contact Quigley Chevrolet today for details about deductible Chevrolet vehicles, up-to-date IRS guidance, and current commercial truck and van inventory. Find out how to put Section 179 to work for your business this year -- reach out online or visit us to get personalized assistance.
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1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.
