Chevy Section 179 Tax Deduction in Forest Park, IL

Chevy Commercial Trucks:Hardworking & Tax-Advantaged

Commercial Trucks

If you’re a small- or medium-scale business owner, you need a vehicle that works as hard as you do. That’s why so many entrepreneurs, self-starters and hustlers invest in a new Chevrolet commercial truck for sale in Illinois. With a wide range of models to choose from, our Chevy dealer in Forest Park has no shortage of work-ready vehicles ready to supercharge your business.

Perhaps the best part about investing in a new Chevy truck? Depending on which exact model and configuration you choose, your business may even qualify for the Section 179 tax deduction — a tax provision that incentivizes business owners to reinvest their proceeds into assets that will help them grow their operations.

In short, trucks wearing the Chevy Bowtie logo offer benefits on the job site and at the tax office alike. Learn more about all this below, then visit our showroom for more details.

Commercial truck

Why Buy a New Chevy Commercial Truck?

Ever pay attention to the work vehicles your local contractors, farmers, tradespeople and landscapers drive? Oftentimes, it’s a new Chevy truck. These and other businesses choose Chevrolet because they know that models like the Silverado 1500 and Silverado 2500 HD are durable, proven workhorses. Go ahead and run them hard every day as you satisfy your customers — a Silverado is built to handle it all and then some.

Proof of this lies in the Silverado specs. We’re talking about more than just horsepower — details about the Silverado suspension components, bed construction and frame design underscore just how far engineers have gone to ensure every variant of this diverse lineup can support Illinois Chevy fans in all their personal and professional ventures. And with so many different models available — from light-duty and HD Chevy trucks all the way up to the medium-duty Chassis Cab models — you’re sure to find a new Silverado for sale in Forest Park that’s ready to make you money.

Your New Chevy Truck May Qualify for Section 179

Both brand-new and pre-owned Chevrolet models may qualify for Section 179 tax benefits — what matters is that the vehicle is new to you and that you buy and put it into service in the tax year you plan to take the deduction.1

Work-focused vehicles such as the Silverado HD Chassis Cab or Silverado 4500 HD typically qualify for the full deduction, while models like light-duty pickups may qualify for a partial deduction. Per 2023 IRS guidance, SUVs and trucks with a Gross Vehicle Weight Rating (GVWR) between 6,000 and 14,000 pounds can qualify for a partial deduction, but only if they’re used for business reasons at least 50% of the time. Chevrolet trucks that may be eligible for a total or partial Section 179 tax deduction include:1

Commercial truck

Up to 100% of Purchase Price

  • Silverado 1500-3500 HD models (standard or long bed models only)
  • Silverado 4500-6500 HD models
  • Silverado HD Chassis Cab models

Up to $25,000(Plus up to 80% of the remaining purchase price plus standard depreciation deduction)

  • Silverado 1500 – Short Bed
  • Colorado (all models except 2WD models w/ 5,800 GVWR)

Up to $20,200

  • Colorado (2WD w/ 5,800 GVWR model only)

Discover the Benefits of Section 179 Today

If you have questions about the new commercial Chevy truck lineup or Section 179, feel free to contact Currie Motors Chevrolet. We’ve helped countless nearby Chevy fans purchase the work vehicles they need, so visit us now to see what we can do for you!

1Consult your tax advisor to determine the proper tax treatment of any vehicle purchase(s) including, without limitation, which vehicles qualify, the amount of the available credit, how to claim the credit, how claiming a credit may impact other tax deductions and/or tax credits and for additional restrictions and limitations. Clean Vehicle and Commercial Clean Vehicles tax credit amounts, eligibility requirements and other requirements, restrictions and limitations are subject to change without notice.