Section 179 Tax Deduction
YOU DESERVE A BREAK THIS TAX SEASON
PUT FEDERAL TAX DEDUCTIONS AND CREDIT TO WORK FOR YOU
Immediately write off up to 60% of the purchase price of eligible Chevy vehicles.† For 100 years, Chevy has helped business owners do what it takes to get the job done. Now, under new tax depreciation laws, your business may be eligible to immediately deduct up to 60% of the purchase price of an unlimited number of qualifying Chevy vehicles purchased in 2024 for business use.
How Does Section 179 Work?
Both new and used Chevy models purchased in 2024 can qualify for the Section 179 tax deduction, so long as they're put into service by end of day on December 31, 2024. This advantage allows you to claim up to the entire purchase cost of the vehicle as a tax deduction.
The amount you can write off depends on how much the vehicle is used for business purposes. If you need guidance navigating an online Section 179 calculator or are curious to find out more about the possible tax savings under Section 179, reach out to our Sales Team today.
Immediately write off up to 60% of the purchase price of eligible Chevy vehicles.† For 100 years, Chevy has helped business owners do what it takes to get the job done. Now, under new tax depreciation laws, your business may be eligible to immediately deduct up to 60% of the purchase price of an unlimited number of qualifying Chevy vehicles purchased in 2024 for business use.
How Does Section 179 Work?
Both new and used Chevy models purchased in 2024 can qualify for the Section 179 tax deduction, so long as they're put into service by end of day on December 31, 2024. This advantage allows you to claim up to the entire purchase cost of the vehicle as a tax deduction.
The amount you can write off depends on how much the vehicle is used for business purposes. If you need guidance navigating an online Section 179 calculator or are curious to find out more about the possible tax savings under Section 179, reach out to our Sales Team today.
2024 ELIGIBLE VEHICLES
UP TO 60% OF PURCHASE PRICE*
Large trucks, cargo vans and 10+ passenger vans - GVWR greater than 6,000 lbs.
- Express Cargo Van
- Express Cutaway
- Express Passenger Van
- Low Cab Forward
- Silverado 1500
- Silverado 2500 HD
- Silverado 3500 HD
- Silverado 4500 HD
- Silverado 5500 HD
- Silverado 6500 HD
- Silverado HD Chassis Cabs
UP TO $25,000 PLUS UP TO 80% OF THE REMAINING PURCHASE PRICE
PLUS STANDARD DEPRECIATION DEDUCTION*
Other trucks, passenger vans and SUVs - GVWR greater than 6,000 lbs.
Other trucks, passenger vans and SUVs - GVWR greater than 6,000 lbs.
- Blazer
- Colorado
- Express Passenger Van
- Silverado 1500
- Suburban
- Tahoe
- Traverse
UP TO $20,200
All vehicles - GVWR 6,000 lbs. or less.
- Bolt EUV
- Camaro
- Colorado
- Corvette
- Equinox
- Malibu
- Trailblazer
- Trax