2025 Section 179 Tax Deduction at Randy Bowen GMC
Small-business owners throughout Oklahoma can take advantage of valuable tax savings on GMC work vehicles thanks to Section 179. By utilizing this IRS tax provision, companies can deduct up to the entire purchase price of qualifying trucks, vans and SUVs -- whether buying new or used for business purposes.1
With the Section 179 tax deduction, upgrading your fleet becomes far more accessible, helping you grow your operation while keeping your out-of-pocket expenses manageable. The commercial fleet experts at our GMC dealership near Oklahoma City are available to guide you through the process and help you capitalize on this significant savings opportunity!
2025 Section 179 Deduction Limits & Bonus Depreciation
Section 179 is a powerful tax incentive designed specifically to help small- and medium-sized businesses invest in new equipmentand vehicles while keeping upfront costs down. This deduction allows business owners to write off the full purchase price of qualifying new and used vehicles rather than spreading the deduction over several years through traditional depreciation.
Whether your company is expanding its fleet or simply replacing older work trucks, Section 179 can offer significant financial relief at tax time.
Key deduction details for the 2025 tax year include:
- 2025 Deduction Limit: $2,500,0001
- Applies to both new and used equipment, as long as it's new to your business and purchased or leased for operational use.
- 2025 Spending Cap: $4,000,0001
- Upon exceeding this cap, the deduction amount begins to phase out dollar for dollar.
- Bonus Depreciation: 100%1
- Allows for full, immediate deduction of qualifying expenses after the spending cap is reached.
Keep in mind, your vehicle must be purchased or financed and put into business service by December 31, 2025, to qualify for these deductions.1
Which GMC Models Qualify for Section 179?
Section 179 applies to a wide variety of commercial vehicles and equipment. The allowable deduction depends on the vehicle type and its primary use in your business:
- New & Used Vocational Trucks and Vans: Full Section 179 deduction available1
- Heavy SUVs & Trucks (Over 6,000 lbs GVW): $31,300 maximum Section 1791
- Light Trucks & SUVs (Under 6,000 lbs): $20,400 first-year maximum1
Meanwhile, the following new GMC vehicles may qualify for either a full or partial deduction:
- Sierra 1500
- Sierra HD
- Savana Cargo Van
- Savana Passenger Van
- Savana Cutaway
- Yukon
- Yukon XL
- Acadia
- Canyon
- Terrain
The team at Randy Bowen GMC knows how important it is to choose the right vehicles for your commercial needs and get the most from your tax deduction. We'll walk you through all requirements and help ensure your GMC purchase meets Section 179 criteria.
GMC Commercial Vehicles Near Me
Choosing Section 179-eligible GMC work vehicles near Oklahoma City allows you to build a more reliable, productive fleet, all while putting substantial tax savings back in your pocket. Our commercial specialists can provide personalized advice and go over detailed eligibility information, so you can make the most informed decision for your business.
To learn more about Section 179, contact Randy Bowen GMC in Chandler to schedule a consultation or browse our full inventory of new and used commercial vehicles online. Start planning for your next stage of business growth while maximizing your 2025 tax benefits!
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1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.