Section 179 Tax Deductions | Business Tax Deductions Made Easy
Make your business stand stronger with Muscatell GMC. We're committed to helping your business thrive. Whether we're assisting you in finding the vehicle that best suits your business needs or informing you on the different tools you have at your disposal that will help protect your bottom line, you'll see that we're in your corner.
With Section 179, you'll have one more tool you can use to support your business. Let us show you why this program can benefit you.
What is Section 179?
Section 179 is an IRS code that was designed to support small businesses. It gives you the power to write off up to 100% of the cost when purchasing qualifying equipment in the year that the equipment is placed into service. Instead of writing off a little at a time over several years, Section 179 gives you the freedom to do it at one time. The vehicle you purchase must be used for business purposes at least 50% of the time, making it a worthwhile program for your business.
2026 Section 179 Facts
Section 179 uses a vehicle's Gross Vehicle Weight Rating to determine eligibility. Here are a few more key points to remember.
- Maximum deduction for 2026: $2,560,000
- Bonus Depreciation: 100% (Applies after Section 179)
- New and used vehicles qualify for Section 179
- Certain SUVs (6,000 - 14,000-pound GVWR): $32,000 max first-year Section 179
- Phase Out Begins: $4,090,000
- Fully Phased Out: $6,650,000
Key Advantages of Section 179
- Immediate Write-Offs: Claim your deduction in the year the vehicle is placed into service instead of waiting.
- Financial Stability: Enhance year-end cash flow planning.
- Scale Your Business: Reinvest your savings into your business and help it grow.
- Get the Equipment Your Business Relies On: We offer a variety of vehicles that will qualify for this program.
Qualifying GMC Models
Deduct Up To 100% of Purchase Price (179 Expensing)
- GMC Sierra 1500 (Standard and Long Bed)
- GMC Sierra 2500HD
- GMC Sierra 3500HD
- GMC Savana Cargo Van
- GMC Savana Passenger Van (10+ Passenger Seating Only)
- GMC Savana Cutaway
Deduct Up To 100% of Purchase Price (Partial 179 Expensing & Bonus Depreciation)
- GMC Sierra 1500 (Short Bed including Denali)
- GMC Sierra EV
- GMC Yukon
- GMC Yukon XL
- GMC Acadia
- GMC Canyon
- GMC Savana Passenger Van (Except 10+ Passenger Seating)
- GMC HUMMER EV Pickup
- GMC HUMMER EV SUV
Deduct Up To $20,300 Per Vehicle
- GMC Terrain
Contact Us to Learn More About IRS Section 179
Visit us online or swing by our dealership to discover more about how Section 179 and Muscatell GMC can help your business win. We look forward to serving you.
How Can We Help?
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Muscatell GMC
425 HWY 10 E
DETROIT LAKES, MN 56501
- Sales: (218) 530-7311
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