Chevy Section 179 Tax Deduction in Peru, IN

If you're the owner of a small- to medium-sized business, the Section 179 Tax Deduction is meant just for you. This tax break allows qualifying business owners to write off up to the full purchase price of an eligible vehicle from their end-of-year taxes, so you can give your business the boost it deserves.

Whether a new Chevy SUV or heavy-duty GMC truck is the perfect match for your company's needs, you can find it at our Chevy dealership near Marion. Visit us today to learn more about the Section 179 tax incentive and buy a Chevy van before the deadline of December 31, 2025, to place it into service!

Shot of 2025 Chevrolet Silverado HD parked in front of work site.
Commercial Chevy Vehicles at a construction site
  • 2025 Deduction Limit: $2,500,0001
    • Valid on new and used equipment (must be new to buyer) -- can be purchased or leased
  • 2025 Spending Cap: $4,000,0001
    • After this cap is reached, deduction is reduced on dollar-for-dollar basis
  • 2025 Bonus Depreciation: 100%1
    • Generally taken after Spending Cap is reached
    • Applicable to new and used vehicles
    • Tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets