Calling all business owners! Did you know that you can enhance your operations while saving on taxes thanks to the Section 179 tax deduction? Section 179 is an IRS tax code that allows your business to deduct up to 100% of the costs of qualifying vehicles in the year they are purchased.1 This deduction can make it more affordable to expand your vehicle fleet, facilitating your company's growth.
Want to learn more about how Section 179 works and what vehicles for sale on our lot are eligible? Read on, then reach out to our GMC dealership in Vacaville for further details.
2025 Section 179 Deduction Limits
The Section 179 tax deduction is designed to encourage small businesses to invest in themselves by allowing them to deduct the costs of qualifying equipment and vehicles. For the 2025 tax year, businesses can write off up to $1,250,000 with a spending cap on equipment purchases of $3,130,000.1
Additionally, a 40% Bonus Depreciation is available to further enhance your savings. These deductions aim to support small- and medium-sized businesses, allowing for reinvestment and growth.
Eligible GMC Vehicles for Section 179
You'll find a range of vehicles that qualify for the Section 179 deduction at GMC of Vacaville. Whether you're looking for a reliable Sierra truck or Yukon SUV for your business, we have vehicles that meet your requirements for tax savings.
Many new GMC models, including work-centric vehicles, qualify for a 100% deduction.1 Meanwhile, traditional passenger vehicles can often qualify for partial deductions if used for business purposes over 50% of the time.1 Used trucks, SUVs and other vehicles can also qualify -- what matters most is that the vehicle is "new to you."
These GMC vehicles often qualify for Section 179 deductions:
- GMC Sierra 1500
- GMC Sierra 2500
- GMC Sierra 35000
- GMC Savana Cargo Van
- GMC Savana Passenger Van
- GMC Yukon
- GMC Acadia
- GMC Canyon
- GMC Terrain
How to Take Advantage of Section 179 in Vacaville
To make the most of Section 179, ensure that your vehicle is purchased and placed into service by December 31, 2025.1Contact GMC of Vacaville to speak with our auto finance specialists, who will be happy to guide you through the purchasing process, helping you select vehicles that align with your business goals and are eligible for these significant tax benefits. We can't wait to hear from you!
More Resources: GMC Sierra HD Overview | GMC Financing
1Information accurate as of publishing date. We are not accountants and are not offering financial advice. Please consult an accountant for further information or visit https://www.section179.org to review the latest details regarding Section 179 rules, caps and limitations.