2026 Section 179 Business Tax Savings

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Section 179 Tax Deductions | Business Tax Deductions

Protect your business's bottom line with Section 179 business tax deductions and Princeton Auto Center. We take pride in helping business owners get more out of every aspect of their business. Whether you're in the trades, construction, logistics, or something different, Section 179 is a great way to benefit your business operations.

What is Section 179?

Section 179 is an IRS tax code that allows businesses to deduct up to 100% of qualifying equipment costs in the year it's placed into service. To qualify, new or used vehicles must be used for business purposes at least 50% of the time. Here are a few details you should know.

  • Maximum deduction for 2026: $2,560,000
  • Bonus Depreciation: 100% (Applies after Section 179)
  • New and used vehicles qualify for Section 179
  • Certain SUVs (6,000 - 14,000-pound GVWR): $32,000 max first-year Section 179
  • Phase Out Begins: $4,090,000
  • Fully Phased Out: $6,650,000

Key Advantages of Section 179

  • Your business receives an immediate reduction of taxable income instead of writing off deductions, a little at a time.
  • Improved year-end cash flow planning.
  • The capability to reinvest your tax savings back into your business operations.
  • You can choose from a variety of qualifying equipment to support your business objectives.

Qualifying Chevrolet Models

Section 179 determines eligibility based on a vehicle's gross vehicle weight rating. This is a list of Chevrolet models that may qualify under this program.

Deduct Up To 100% of Purchase Price (179 Expensing)

  • Chevy Silverado 1500
  • Chevy Silverado 2500HD
  • Chevy Silverado 3500HD
  • Chevy Silverado 4500HD
  • Chevy Silverado 5500HD
  • Chevy Silverado 6500HD
  • Chevy Silverado HD Chassis Cabs
  • Chevy BrightDrop 400
  • Chevy BrightDrop 600
  • Chevy Cargo Van
  • Chevy Cutaway
  • Chevy Express Passenger Van
  • Chevy Low Cab Forward

Deduct Up To 100% of Purchase Price (Partial 179 Expensing & Bonus Depreciation)

  • Chevy Colorado
  • Chevy Blazer
  • Chevy Blazer EV
  • Chevy Equinox EV
  • Chevy Suburban
  • Chevy Silverado 1500
  • Chevy Silverado EV WT
  • Chevy Tahoe
  • Chevy Traverse
  • Chevy Express Passenger Vans

Deduct Up To $20,300 Per Vehicle

  • Chevy Colorado
  • Chevy Corvette
  • Chevy Malibu
  • Chevy Equinox
  • Chevy Trailblazer
  • Chevy Trax

Reasons to Choose Princeton Auto Center

At Princeton Auto Center, we make a real difference. Our expert staff is here to help you navigate this process with confidence. Find the Chevy vehicle your business needs and allow our team to assist you through the financing and service process. You're always in great hands when you choose Princeton Auto Center.

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