Take your business to the next level by expanding your fleet with commercial Chevy vehicles! When you buy a Chevy truck or van from us, you may be able to take advantage of Section 179 tax deductions and write off up to 100% of the costs.1
What's Section 179? It's an IRS tax code designed to help small and medium businesses invest in themselves by allowing them to deduct vehicle expenses. It can apply to many of the Chevy commercial models, as well as some passenger vehicles. Find out more when you visit our Chevy dealership near Malvern.
When you claim Section 179 tax deductions, you may be able to write off up to 100% of the costs of qualifying vehicles.1 Some traditional passenger vehicles are also eligible for partial deductions if used for business purposes at least 50% of the time.
You can also apply the Section 179 tax incentive to used vehicle purchases -- what's important is that the model is "new to you." Chevy vehicles eligible for Section 179 include:
| Up to 100% of Purchase Price(no per-vehicle or aggregate limitation)2 |
|---|
| Chevy Express Cargo Van |
| Chevy Express Cutaway |
| Chevy Express Passenger Van |
| Chevy Low Cab Forward |
| Chevy Silverado 15004 |
| Chevy Silverado 2500 HD4 |
| Chevy Silverado 3500 HD4 |
| Chevy Silverado 4500 HD |
| Chevy Silverado 5500 HD |
| Chevy Silverado 6500 HD |
| Chevy Silverado HD Chassis Cab |
| Up to $31,300 per Vehicle(Plus Up to 40% of the Remaining Purchase Price) |
|---|
| Chevy Blazer |
| Chevy Colorado5 |
| Chevy Express 5-Passenger Van |
| Chevy Silverado 1500 Short Bed |
| Chevy Suburban |
| Chevy Tahoe |
| Chevy Traverse |
| Up to $20,400 per vehicle(no aggregate limitation)3 |
|---|
| Chevy Colorado6 |
| Chevy Corvette |
| Chevy Trax |
| Chevy Equinox |
| Chevy Malibu |
| Chevy Trailblazer |
In order to ensure that the Section 179 tax deduction primarily benefits small- and medium-sized businesses rather than large corporations, there are limits in place for how much a company can deduct in a single year. For 2025, the Section 179 limits are as follows:
You may also be able to benefit from Section 167 depreciation when you purchase a commercial Chevy vehicle from us. The general rule permits a reasonable allowance, as a depreciation deduction, for the exhaustion, wear and tear of property used in trade or business, as well as property held for the production of income.
Find out more about how you can apply the Section 167 tax code to your small business by speaking with our auto financing team.
