Chevy Section 179 Tax Deduction in Liberty, MO
Exploring the Section 179 tax deduction for 2025? Business owners seeking to maximize commercial vehicle savings will find key advantages when working with Heartland Chevrolet in Liberty. Whether you're outfitting a fleet with new Chevy trucks or upgrading to a reliable commercial van, the latest Section 179 deduction limits can help you invest wisely while potentially reducing your tax burden. Discover how your business can benefit by understanding qualification criteria and deduction guidelines on our commercial trucks for sale near Independence.
2025 Section 179 Tax Deduction Overview & Limits
The 2025 Section 179 tax deduction provides an exceptional opportunity for small businesses to deduct the full purchase price of eligible equipment, including many new Chevrolet commercial vehicles, directly from gross income. Updated annual limits make it easier than ever for Liberty business owners and other MO entrepreneurs to claim substantial savings.
As you consider leveraging benefits like immediate tax relief and enhanced business cash flow, know that vehicles must be acquired and put into service before the end-of-year deadline. This deduction is designed especially for companies looking to make impactful investments in their business operations through their use of qualifying Chevy trucks, vans and SUVs. Full details are as follows:
- 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)
- Deduction begins to be reduced on a dollar-for-dollar basis -- this cap is what makes it a "small business tax 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. 31, 20251
- 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)
Which Chevy Vehicles Qualify for Section 179?
- New & Used Vocational Trucks and Vans: Full Section 179 deduction available1
- Heavy SUVs & Trucks (Over 6,000 lbs. GVW): $31,300 maximum Section 1791
- Cars, Light Trucks & SUVs (Under 6,000 lbs.): $20,400 first-year maximum1
Curious which Chevrolet models qualify for the Section 179 tax deduction? Most Chevy commercial trucks and vans used for business purposes over 50% of the time are eligible. This includes new and used vehicles -- as long as they’re new to your business and properly titled in the company’s name.
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?
Taking advantage of the Section 179 tax incentive at Heartland Chevrolet is straightforward. After consulting your tax advisor for eligibility and deduction limits, simply select and purchase or lease a qualifying Chevy commercial vehicle for business use. Make sure your vehicle is titled under your business and placed into service before December 31, 2025.1 The team at Heartland Chevrolet is here to help with commercial vehicle sales, titling guidance, and any other documentation that's needed for Section 179 compliance.
Commercial Chevy Vehicles for Sale Near Me
Section 179 puts your business goals within reach, whether you're upgrading your Chevy fleet or adding the latest commercial models to support daily operations. Experience the personalized, community-first service that Heartland Chevrolet is proud to offer as a family-owned dealership serving Liberty.
Ready to learn more about Section 179 or review custom commercial truck and van options? Contact Heartland Chevrolet today and let our team help you make the most of this powerful business tax incentive.
1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.