Attention, business owners! Before the year comes to a close, there’s one more investment to make: a reliable and affordable Chevy for your business. If you’re hoping to add a new Chevrolet truck or a spacious Express Passenger Van to your fleet, it’s the perfect time to check out the inventory at our Chevrolet dealer in Wenatchee, WA. If you buy a new or new-to-you Chevy Silverado 1500, Colorado or another one of the eligible models on our lot, you can take advantage of the Section 179 Tax Deduction. The Section 179 tax incentive allows small-business owners to deduct up to 100% of the purchase price of certain cargo vans, new Chevy SUVs with AWD and several other options.
What does the Section 179 Tax Deduction require? To claim this incentive on your 2020 taxes, you must purchase a Chevrolet van, truck or SUV and put it into service by December 31, 2020. It’s important to note that you must use the vehicle for business purposes at least 50% of the time. You’ll find a wide range of models that qualify for the Section 179 tax incentive, ensuring you can choose the exact vehicle that fits your business needs. From the efficient Chevy Bolt EV for commuters to the powerful Silverado 3500HD for big jobs, there are more than 20 Chevrolet models that are eligible for the Section 179 incentive.
Up to $18,100 Per Vehicle (no aggregate limitation) |
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Chevy Spark |
Chevy Sonic |
Chevy Cruze |
Chevy Malibu |
Chevy Impala |
Chevy Bolt EV |
Chevy Trax |
Chevy Equinox |
Chevy Camaro |
Chevy Corvette |
Chevy Colorado1 |
Up to 100% of Purchase Price (no per-vehicle or aggregate limitation) |
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Chevy Silverado 1500 |
Chevy Silverado 2500HD |
Chevy Silverado 3500HD |
Chevy Silverado HD Chassis Cab |
Chevy Colorado2 |
Chevy Blazer |
Chevy Traverse |
Chevy Tahoe |
Chevy Suburban |
Chevy Express Cargo Van |
Chevy Express Passenger Van |
Chevy Express Cutaway |
Chevy Low Cab Forward |