Hanner Chevrolet GMC Trucks

Section 179 Tax Deduction

Section 179 provides business owners in greater Abilene with a unique opportunity to leverage serious tax advantages when upgrading their fleet with Chevrolet and GMC commercial vehicles. The 2025 Section 179 tax deduction is designed to help small businesses invest in new or used vehicles for business use -- and the right time to maximize your potential savings is now. 

If you have questions about Section 179 eligibility, deduction limits, bonus depreciation or which Chevy trucks qualify, Hanner Chevrolet GMC is your trusted local source for commercial truck solutions in Texas. Let the commercial vehicle sales experts at our GMC dealer near Cisco pair you with your ideal model and show you all the ways you can save. 

2025 Section 179 Tax Deduction Overview & Limits

Every year, small business owners across greater Abilene look for ways to get more value from their vehicle purchases or leases. The 2025 Section 179 deduction lets you deduct a significant portion of the cost of eligible new commercial trucks, vans and SUVs purchased or leased and placed into service before year end. So, it's important to mark your calendars for December 31, 2025!

Because deduction limits and bonus depreciation rules change annually, it’s important to stay current and plan your upgrades accordingly. Business owners searching for 2025 Section 179 tax deduction updates, Chevy truck tax benefits or bonus depreciation information will find up-to-date expertise and model options at Hanner Chevrolet GMC near Cisco. 

  • 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. 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)
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