What Trucks Qualify For Section 179?
What Trucks Qualify For Section 179?
Get To Work
If you’re facing a tough job, then you’re going to need a vehicle that can stand up to the task. Our Chevy work trucks can be the perfect addition to your work fleet, creating a more productive and efficient work day so you can get the job done on time. Whether you’re thinking about adding another truck to your lineup of work vehicles or you want to purchase a whole fleet, you may be wondering what trucks qualify for the Section 179 Tax Deduction. Fortunately for you, the experts at Moore’s Chevrolet are here to help and answer any questions you have! Find out what trucks qualify for Section 179, and visit us today to begin your purchase!
What Is Section 179?
To understand what trucks qualify for Section 179, it is first important to understand what the Section 179 Tax Deduction is. The Internal Revenue Service offers a special tax deduction for vehicles purchased during the tax year. The deductible is up to $1,250,000, with a purchase limit of $3,130,000. Businesses are also able to write off 40% bonus depreciation on both new and pre-owned vehicles.
What Are My Options?
The Section 179 Tax Deduction certainly sounds enticing for business professionals, but what trucks qualify for Section 179? Technically, all of our work trucks for sale in Clarksville, VA, can apply for the tax deduction as long as the vehicle is being used for business purposes more than 50% of the time. That means the tough and capable Chevy Silverado 1500 can qualify for Section 179 as long as you use it often enough for your business. Other models include the Chevy Silverado 2500 and the Chevy Colorado, but trucks don’t have to have all the fun. SUVs like the Chevy Suburban, Chevy Traverse, and Chevy Tahoe can also qualify for Section 179 as long as it meets the usage requirements!
Shop Moore’s
Now that you know what trucks qualify for Section 179, you can visit Moore’s Chevrolet to take a test drive and upgrade your fleet!
May not represent actual vehicle. (Options, colors, trim and body style may vary) The Manufacturer's Suggested Retail Price excludes tax, title, license, dealer fees and optional equipment. Dealer sets final price.
The Manufacturer's Suggested Retail Price excludes tax, title, license, dealer fees and optional equipment. Dealer sets final price.
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