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WHAT IS TAX SECTION 179?
The Section 179 Deduction was enacted as part of the IRS tax code in 2008 to help small businesses with their
vehicle and equipment purchases. This law allows your commercial and fleet customers to claim the full purchase
price of certain Chevrolet vehicles totaling up to $510,000 (for eligible vehicles) as a tax deduction.1
The amounts that can be deducted depend on the vehicles purchased. For example, passenger vehicles bought by a
business may qualify for deductions of $11,160, $11,560 or $25,000. A business that spends up to $2,030,000 on multiple
vehicles can take a deduction of up to $510,000.
See the allowed amounts for each eligible Chevrolet vehicle in the chart below.
ADDITIONAL TAX SECTION 179 FACTS
• Vehicle titles must be in the company’s name
• An eligible vehicle must be used for business at least 50 percent of the time
• Businesses can still take advantage of other incentives and Business Choice offers in addition to these possible tax savings
For information, please visit
www.chevrolet.com/tax-deductions
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