Chevrolet Section 179 Tax Deduction

Chevrolet Section 179 Tax Deduction in Pennsylvania

We understand the importance of investing in your business while maximizing savings. That's why our Hazle Township Cheyv dealer is excited to offer the remarkable benefits of the Section 179 tax deduction to clients who run small- to medium-sized businesses. By purchasing a new or pre-owned vehicle for your business before the year ends, you could write off up to 100% of the vehicle's value, providing it's utilized for business purposes at least 50% of the time. The more your business uses the vehicle, the greater the potential deduction.

This exceptional opportunity allows businesses to upgrade their commercial fleet and enhance operational efficiency while enjoying substantial tax savings. For any queries on Chevy commercial vehicle incentives or how to optimize your business vehicles, look no further than Fairway Chevrolet!

What Is the Section 179 Tax Deduction?

The U.S. government introduced the Section 179 tax deduction to support businesses in their growth and investment efforts. To qualify for this incentive with a new Chevy model, here are the key criteria:¹

• Vehicle must be used for business at least 50% of the time
• Vehicle must be new or new-to-you (used cars qualify)
• Vehicle must be purchased, not leased

Which Chevy Models Qualify for Section 179?

There are a long list of new Chevy models that qualify for Section 179 tax savings, ensuring every business owner can find the vehicle they need to elevate their everyday duties. The eligible Chevy models and their first year vehicle depreciation limits include:¹