Section 179 Tax Deductions on GMC, Buick vehicles at Ettleson Buick GMC

You could immediately write off up to 100% of the purchase price of eligible GMC and Buick vehicles using the section 179 tax deduction. It’s a tax break that can help both small and large business owners save money on new vehicles that they are utilizing for work.

What is Section 179?

This tax code was created by the U.S. government for the purpose of helping small- and medium-sized businesses invest in themselves and grow. When your company claims Section 179 Tax Deductions, you may be able to deduct up to 100% of the purchase price of eligible GMC and Buick models. This tax benefit can be applied to GMC commercial vehicles like new GMC Sierra HD trucks and Savana Cargo Vans, as well as other trucks and SUVs. Looking to add a touch of refinement to the way you do business? You can also deduct the costs of eligible Buick models, such as the new Buick Enclave SUV. Come by Ettleson Buick GMC to browse our full inventory of eligible Buick and GMC models for sale in Hodgkins, IL.!

What are the Section 179 qualifications?

In order to claim the Section 179 Tax Deduction for the 2024 fiscal year, you must purchase your Buick or GMC vehicle and put it into service by December 31, 2024. Additionally, your GMC truck or Buick SUV must be used for business purposes at least 50% of the time.

Which models qualify for the Section 179 tax deduction?

Buick models

GMC Models

Drop us a message below or call or stop in and we can help you navigate vehicle options for your 2024 Section 179tax deduction.

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Each purchaser’s tax situation is unique and the available tax benefits and the applicable federal tax laws, regulations and guidelines are subject to change without notice. Therefore, customers must consult their tax advisor to determine the proper tax treatment of any vehicle purchase(s). For more information, visit www.irs.gov. This advertisement is for informational purposes only and should not be construed as tax advice or as a promise of availability or amount of any potential tax benefit or reduced tax liability.

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Ettleson Buick GMC 41.7782, -87.8668.