GMC Section 179 Tax Deduction
For those running small to medium-sized businesses, the Section 179 tax deduction offers significant savings on commercial vehicle purchases. Established by the U.S. Government, Section 179 aims to bolster businesses by encouraging operational investments. This tax benefit could potentially allow businesses to deduct up to 100% of the costs associated with buying vehicles for commercial use.1
For more information on the vehicles that qualify for Section 179 in Alexandria, reach out. Or, visit our GMC dealership near Pineville and provide all the necessary details and advice you need.
Up to 100% of Purchase Price1
- Sierra 1500/2500/3500 - Standard & Long Bed
- Sierra 3500 HD Chassis Cab
- Savana Cargo Van
- Savana Passenger Van (10+ passenger seating only)
- Savana Cutaway
Up to $25,000
(Plus up to 80% of the remaining purchase price plus standard depreciation deduction)1
- Sierra 1500 - Short Bed
- Yukon
- Yukon XL
- Acadia
- HUMMER EV Pickup
- HUMMER EV SUV
- Canyon
- Savana Passenger Van (all except 10+ passenger seating)
Up to $20,200 1
- Terrain
New & Used GMC Commercial Vehicles Near Me
To fully capitalize on the current tax year's incentives, make sure your business's vehicles are purchased and put into service no later than December 31, 2024.1 Meeting this deadline is crucial to qualify for these incentives.
If you have any questions regarding which used GMC vehicles can qualify for Section 179 or whether a new heavy-duty truck qualifies, please contact Walker GMC. A team member at our Alexandria GMC dealer will answer your questions and work with you to help your business grow!
1 Information accurate as of publication. See dealer for details.