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If your business is considering new vehicles this year, Section 179 of the IRS Tax Code offers a powerful way to save money through tax deductions. This program allows businesses to deduct the full purchase price of qualifying new or used vehicles and equipment placed into service by December 31, 2025.
The following Chevy vehicles may qualify for Section 179 deductions based on their Gross Vehicle Weight Rating (GVWR) exceeding 6,000 lbs. Eligibility can vary depending on trim level, configuration, and equipment, and is subject to change.
If you have questions about Section 179 qualifications or vehicle eligibility, please consult your tax professional for guidance specific to your situation.
For comprehensive list of all qualified vehicles, click here
1. Individual tax circumstances can differ. The information provided here was accurate at the time of publication but is subject to change as federal tax laws and IRS guidelines are updated. Please consult your tax advisor for complete details regarding the rules that apply to your specific business situation.
This information is based on Sections 179 and 168(k) of the Internal Revenue Code, which allow for additional first-year depreciation on eligible vehicles. Figures shown reflect examples for vehicles purchased for 100% business use and placed into service by January 1, 2025.
2. Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed.
