Chevy Section 179 Tax Deduction in Clarkston, MI
If you own a small business or are self-employed in Clarkston or near Grand Blanc, the Section 179 tax deduction may be one of the smartest ways to invest in a new work vehicle for the 2026 tax year. Our team at Bowman Chevrolet, a family-owned and 9-time Chevrolet Dealer of the Year winner, helps local business owners understand how qualifying Chevy trucks, vans and SUVs may fit into their vehicle tax strategy. This information is provided for informational purposes only, so please consult a qualified tax professional to confirm how Section 179 applies to your specific situation.
2026 Section 179 Tax Deduction Overview and Limits
Section 179 of the IRS tax code lets eligible businesses deduct the purchase price of qualifying equipment, including certain Chevy vehicles, put into service during the tax year. It's designed as a true small-business incentive that rewards companies for investing in the tools and vehicles they need to grow. Review the general guidelines below, then talk with a qualified tax professional about your situation before making a purchase.
- 2026 Deduction Limit: $2,560,0001 is good on new and used equipment (as long as it is new to the buyer), whether purchased or leased.
- 2026 Spending Cap: $4,090,0001 is the maximum amount that can be spent on equipment before your available Section 179 deduction begins to be reduced on a dollar-for-dollar basis, which is what makes it a true small-business incentive, with a complete phase-out at $6,650,000.
- 2026 Bonus Depreciation: 100%1 is 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 and applicable to both new and used purchases.
To qualify, a vehicle must be purchased and put into use before Dec. 31, 2026 and used for business purposes more than 50% of the time.1 It must also be titled in the company's name rather than the owner's name.
Which Chevy Vehicles Qualify for Section 179?
A vehicle's eligibility for Section 179 depends largely on its gross vehicle weight rating (GVWR) and how it's used for your business. In general terms, heavier work-oriented vehicles receive more favorable treatment, while lighter passenger vehicles are subject to stricter limits.
- New and Used Vocational Trucks and Vans: Full Section 179 deduction available1
- Heavy SUVs and Trucks (Over 6,000 lbs. GVW) (excludes some pickups/vans): $32,000 maximum Section 1791
- Cars, Light Trucks and SUVs (Under 6,000 lbs.): Subject to IRS "luxury auto" depreciation limits (Section 280F)1
Eligible Chevy models may include, but are not limited to, the Silverado 1500, Silverado EV, Silverado HD, Colorado, Express Cargo Van, Express Passenger Van, Suburban, Tahoe and Traverse. Browse our new Chevy inventory online to compare these business-ready options.
How Do I Use the Section 179 Tax Incentive?
Taking advantage of Section 179 starts with choosing a qualifying new or used Chevy vehicle and putting it into business use before the end of the 2026 tax year. You'll generally need to document that the vehicle is used for business purposes more than 50% of the time and that it's titled in your company's name rather than a personal name. Our Chevy finance team can guide you through selecting an eligible commercial vehicle, though your accountant or tax professional should always confirm the exact deduction you can claim.
Commercial Chevy Vehicles for Sale Near Me
When business owners in Clarkston want a dealership that puts customer satisfaction first, they turn to us. As an award-winning, family-owned Chevy dealer near Grand Blanc and one of the top EV dealers in Michigan, we make it easy to find and finance the right work vehicle before the December 31, 2026 deadline. Contact our team today to explore qualifying Chevy trucks, vans and SUVs and take the next step toward your Section 179 tax strategy.
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1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.
Bowman Chevrolet Section 179 Tax Deduction FAQs
01
Can vehicles be deducted under Section 179?
Yes, many business-use vehicles can be deducted under Section 179, including certain Chevy trucks, vans and SUVs available at our dealership. Eligibility depends largely on the vehicle's gross vehicle weight rating and whether it's used for business purposes more than 50% of the time. Always consult a qualified tax professional to confirm how the deduction applies to your situation.
02
Does Section 179 apply for used car purchases?
Yes, Section 179 applies to both new and used equipment, as long as the vehicle is new to the buyer and placed into business service before December 31, 2026. We carry a strong selection of used Chevy models alongside our new inventory, giving business owners flexibility in their purchasing decision.
03
Can Section 179 be claimed multiple times?
Businesses can generally claim Section 179 in more than one tax year and on more than one qualifying purchase, subject to the annual limits and spending caps set by the IRS. Because the specifics depend on your total equipment purchases and business use, a licensed CPA or tax advisor can help you determine what you may claim each year.
04
What is the Section 179 tax deduction limit?
The Section 179 deduction limit is set by the IRS and can be updated by legislation, so the exact figure may change from year to year. Our team can point you toward eligible Chevy vehicles at our Clarkston dealership, but we recommend confirming the current limit and how it applies to your business with a qualified tax professional.
05
What is the 2026 Section 179 spending cap?
The 2026 Section 179 spending cap is the maximum amount a business can spend on qualifying equipment before the available deduction begins to be reduced on a dollar-for-dollar basis, which is what makes Section 179 a true small-business incentive. Because these thresholds can be adjusted, please verify the current cap with your tax advisor before finalizing a purchase with our team.