Considering upgrading your business fleet in North Dakota? The 2025 Section 179 tax deduction offers a timely opportunity for local businesses to maximize savings on new and used Chevy commercial vehicles for sale near Lincoln.
If you are searching for Section 179 qualified vehicles or commercial trucks in Bismarck, you will want to know how this business tax incentive can help offset costs while supporting your company's growth. Puklich Chevrolet is here to help you learn everything you need to know!
2025 Section 179 Tax Deduction Overview & Limits
When it comes to the 2025 Section 179 tax deduction, businesses throughout Bismarck, Lincoln and all across North Dakota are looking for answers about deduction limits, spending caps, and bonus depreciation. Section 179 has become an essential topic for those researching commercial truck deals nearby or comparing commercial vehicle financing options.
With ever-changing tax laws and annual updates, staying informed on how Section 179 applies to fleet purchases is key for maximizing business advantages. Local businesses can benefit from the spending caps and high deduction limits outlined below, as they are designed specifically for small business owners and ensure that qualifying purchases deliver real value in today's market.
- 2025 Deduction Limit: $2,500,0001
- Good on new and used equipment (as long as new to the buyer)
- Purchased or leased
- 2025 Spending Cap: $4,000,0001 -- This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar-for-dollar basis (making it a true small-business incentive)
- Complete phase-out at $6,500,000
- 2025 Bonus Depreciation: 100%1
- Defined as: a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets
- Generally taken after the Spending Cap is reached
- Applies to new and used
- Must be purchased and put into use before Dec. 31, 20251
- Must be used for business purposes more than 50% of the time
- Must be titled in the company's name (not the company's owner's name)
Which Chevy Vehicles Qualify for Section 179?
- New & Used Vocational Trucks and Vans: Full Section 179 deduction available1
- Heavy SUVs & Trucks (Over 6,000 lbs. GVW): $31,300 maximum Section 1791
- Cars, Light Trucks & SUVs (Under 6,000 lbs.): $20,400 first-year maximum1
Wondering which Chevrolet vehicles can qualify for Section 179? Many popular new Chevy commercial trucks and vans in Bismarck are eligible, giving businesses flexible options as they expand or refresh their fleets. Whether you need a rugged Silverado 2500HD, a versatile Express Cargo Van, or any other new or used Chevy commercial vehicle near Lincoln, there are plenty of options to choose from.
Eligible Chevy models may include, but are not limited to:
- Silverado 1500
- Silverado EV
- Silverado HD
- Colorado
- Express Cargo Van
- Express Passenger Van
- Suburban
- Tahoe
- Traverse
How Do I Use the Section 179 Tax Incentive?
Totake advantage of the Section 179 tax incentive in 2025, the process starts with choosing the right Chevrolet vehicle for your company's needs. The purchase or lease must be completed and the vehicle put into business use before December 31, 2025, and it must be used for business purposes more than 50% of the time.1 The vehicle also needs to be titled in your company's name, not your personal name, to ensure eligibility.
Consult with a tax professional who understands the most current IRS guidelines for business vehicles, then work with the commercial specialists at Puklich Chevrolet to find the best match for your operation.
Commercial Chevy Vehicles for Sale Near Me
With Section 179, local businesses in Bismarck can reclaim significant value on their next commercial vehicle investment. If you're ready to explore Chevy trucks and vans that qualify for this year's tax deduction, contact Puklich Chevrolet today. Our commercial team is here to answer your questions about Section 179 and current model availability, because we want to help you make the most of your 2025 commercial purchase. Reach out or visit our showroom to start your Section 179 savings journey.
1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.