Main 414-228-6200
Welcome!
|
Service 414-228-6223
Welcome!
|
Parts 414-228-6235 Welcome!
|
Collision 414-540-2559
Welcome!
|
1500 W Silver Spring Dr, Milwaukee, WI 53209
Sales
Service
Get Directions

Could a New Chevrolet Help Your Business This Year?

If you are a business owner considering a new work truck, commercial van, or company SUV, the end of the tax year is an ideal time to evaluate your options.

 

Certain commercial and heavy-duty vehicles purchased and placed in service for qualified business use may be eligible for Section 179 deductions and bonus depreciation benefits. Depending on the vehicle's Gross Vehicle Weight Rating (GVWR), business-use percentage, purchase date, and individual tax circumstances, these deductions can significantly reduce your taxable business income.

 

At Umansky Chevrolet, we are here to help you select an eligible vehicle for your fleet or business and provide all necessary technical specifications for your tax professional.

What Is Section 179?

 

Section 179 is a federal tax code provision that allows eligible businesses to write off the purchase price of qualifying equipment and vehicles during the year they are put into service, rather than depreciating the cost over standard multi-year schedules.

 

Key Business Takeaways

  • Accelerated Write-Off: Deduct allowable amounts in Year 1 instead of waiting years.
  • Business Usage Requirement: The vehicle must be used more than 50% for qualified business purposes.
  • Tax Savings vs. Refund: A tax deduction reduces taxable income based on your company's tax bracket; it is not a direct cash refund.

Which Chevrolet Models Qualify?

 

The IRS categorizes vehicles with a Gross Vehicle Weight Rating (GVWR) exceeding 6,000 lbs. as heavy vehicles or commercial tools, opening them up to significantly higher Section 179 limits.

 

Chevrolet offers one of the most comprehensive lineups of qualifying trucks, vans, and full-size SUVs:

 

Chevrolet Models Exceeding 6,000 lbs. GVWR

an exterior view of the front end of the new 2026 Chevy Silverado hd

Pickups & Work Trucks

  • Silverado 1500: Select crew/cab and bed configurations
  • Silverado 2500 HD & 3500 HD: All models qualify (6ft+ beds qualify for max write-offs)
  • Silverado EV: Select commercial/WT configurations
  • Silverado 4500 HD / 5500 HD / 6500 HD: Commercial chassis cabs qualify for full write-off exemptions
a view of the new 2026 chevy traverse parked outside a house in a driveway

Full-Size SUVs

  • Chevrolet Tahoe: All models
  • Chevrolet Suburban: All models
  • Chevrolet Traverse: Select trim configurations meeting weight thresholds
Chevy Commercial Vans

Commercial Vans & Fleet

  • Express Cargo Van: 2500 & 3500 models
  • Express Passenger Van: All qualifying configurations
  • Express Cutaway: All commercial cutaway models
  • BrightDrop 400 & 600: All-electric commercial delivery vans

Note: Light-duty models under 6,000 lbs. (e.g., Equinox, Colorado, Trax) fall under standard passenger automobile caps. Always verify exact GVWR specs on the driver's side door jamb label.

Is a Business Vehicle Purchase Right for You?

  • Business Ratio: Will you use the vehicle >50% for business operations?
  • Primary Use: Will it carry tools, crew, cargo, supplies, or transport clients to job sites?
  • Timeline: Can you purchase and place the vehicle in service before December 31?
  • CPA Consultation: Have you reviewed your projected net income and tax strategy with your advisor?

Four Steps to Claim Your Section 179 Deduction

  1. Select Your Vehicle: Choose an eligible Chevy truck, van, or SUV that matches your business needs.
  2. Collect Documentation: Obtain the VIN, bill of sale, and confirmed door-jamb GVWR from our Umansky Chevrolet team.
  3. Review with Your CPA: Confirm how Section 179 and bonus depreciation apply to your company's tax structure.
  4. Place in Service: Complete delivery and put the vehicle into active business service before the end of your tax year.

Does the Chevy Silverado 1500 qualify for Section 179?

 

Select Silverado 1500 crew cab and bed configurations exceed 6,000 lbs. GVWR. Ask our fleet team to confirm the GVWR for your specific configuration.

 

 

Does the Chevy Tahoe qualify for Section 179?

 

Yes. All Tahoe models exceed 6,000 lbs. GVWR, which may qualify them for the heavier-vehicle deduction limits. Confirm the exact figure with your CPA.

Important Tax Disclaimer

This content is prepared strictly for general informational and marketing purposes and does not constitute formal tax, legal, or accounting advice. Section 179 and depreciation rules are subject to eligibility requirements, limitations, and changes in federal and state tax law. Umansky Chevrolet does not provide tax, accounting, or legal advice. Always consult a certified public accountant (CPA) or qualified tax professional regarding your business's individual tax scenario prior to purchase.