GMC Section 179 Tax Deductions in Raynham, MA
Are you thinking about upgrading to a new or used vehicle for your business? The Section 179 tax deduction could offer you significant savings! This government-designed tax code helps businesses invest in themselves. Whether you're interested in a new GMC Sierra truck or Yukon SUV, we have the perfect model to meet your needs.
Contact our team to learn about the potential tax savings under Section 179 and schedule a test-drive at our GMC dealership near Brockton. Our knowledgeable sales experts are ready to explain this incentive and help you enhance your fleet with a new vehicle today!
What Vehicles Are Eligible for Section 179?
Whether you buy a new GMC truck near Brocktonor finance a used SUV, the vehicle you choose may be eligible for the Section 179 tax deduction -- what's important is the vehicle is new to you. To qualify for this tax break, the vehicle you choose should weigh over 6,000 pounds and mainly be used for business purposes. Examples include heavy SUVs, trucks and vans.
It's also important to note that vehicles must be used for business purposes more than 50% of the time to qualify. Here's a full list of our Section 179-eligible GMC and Buick models:
- GMC Sierra 2500HD
- GMC Sierra 3500HD
- GMC Sierra 3500HD Denali
- GMC Sierra 4500HD
- GMC Sierra 5500HD
- GMC Sierra 6500HD
- GMC Yukon
- GMC Yukon XL
- 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
How Does Section 179 Work?
Both new and used GMC models bought in 2025 can qualify for the Section 179 tax deduction, provided they are put into service by December 31, 2025. This benefit allows you to deduct up to the full purchase price of the vehicle from your taxes. The deductible amount depends on how often the vehicle is used for business purposes.
If you need help using an online Section 179 calculator or want more information about potential tax savings under Section 179, contact Mastria GMC in Raynham today.
The Section 179 deduction limits for 2025 are as follows:
- 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)
GMC Commercial Trucks Near Me
To fully capitalize on the current tax year's incentives, make sure your business's vehicles are purchased and put into service no later than December 31, 2025. Meeting this deadline is crucial to qualify for these incentives.
Schedule a test-drive at our Massachusetts GMC dealership to experience driving a vehicle perfectly equipped for your business needs. Contact us for comprehensive details about vehicles that qualify for Section 179 tax benefits and help with upgrading to a new SUV or truck without delay!
1 Information accurate as of publication. See dealer for details.
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