GMC Section 179 Tax Deduction in Gaylord, MI
Ready to maximize your business tax savings with your next commercial vehicle purchase? The 2025 Section 179 tax deduction, available at Jim Wernig GMC, offers local companies powerful incentives on qualifying new and used GMC trucks and vans in Michigan. This valuable small-business tax break can help you invest in your fleet, strengthen your operations and maintain healthy cash flow.
If you have questions about Section 179 limits or want to explore eligible GMC trucks near Traverse City, this guide from our local GMC dealership will help you get started.
2025 Section 179 Tax Deduction Overview & Limits
Section 179 remains one of the most searched-for small business tax incentives for buyers of commercial trucks and work vans in northern Michigan. For the 2025 tax year, business owners can deduct a greater amount for qualifying equipment and vehicles, keeping more working capital in the business.
Thanks to an increased deduction limit and bonus depreciation, companies focused on growth can find tailored advantages with Section 179. Whether you are researching commercial truck tax deduction guidelines or searching for new GMC fleet solutions, understanding how Section 179 fits your operation is the first step. Here's a breakdown of all the key details:
- 2025 Deduction Limit: $2,500,0001
- Good on new and used equipment (as long as new to the buyer)
- Purchased or leased
- 2025 Spending Cap: $4,000,0001 -- This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar-for-dollar basis (making it a true small-business incentive)
- Complete phase-out at $6,500,000
- 2025 Bonus Depreciation: 100%1
- Defined as: a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets
- Generally taken after the Spending Cap is reached
- Applies to new and used
- Must be purchased and put into use before Dec. 31, 20251
- Must be used for business purposes more than 50% of the time
- Must be titled in the company's name (not the company's owner's name)
Which GMC Vehicles Qualify for Section 179?
New & Used Vocational Trucks and Vans: Full Section 179 deduction available1
Heavy SUVs & Trucks (Over 6,000 lbs. GVW): $31,300 maximum Section 17911
Cars, Light Trucks & SUVs (Under 6,000 lbs.): $20,400 first-year maximum1
Section 179 savings can be claimed on a wide range of both new and used models -- ideal for business needs across Michigan. Qualifying vehicles must be used for business purposes over half the time and be titled to your business.
The right new or used GMC truck or van can support your day-to-day work while offering significant tax deduction benefits. From Savana commercial vans essential for contractors to heavy-duty Sierra trucks perfect for landscaping or delivery, the GMC lineup is designed to serve small businesses statewide.
Eligible GMC models may include, but are not limited to:
- Acadia
- Canyon
- Savana Cargo Van
- Savana Passenger Van
- Savana Cutaway
- Sierra 1500
- Sierra HD
- Terrain
- Yukon
- Yukon XL
How Do I Use the Section 179 Tax Incentive?
To utilize the Section 179 tax incentive, purchase or lease your qualifying GMC commercial vehicle and make sure it is placed in service before the end of 2025. Keep documentation showing business use and ensure the vehicle is titled under your company’s legal name, not a personal name.
Review your eligibility with a tax professional to confirm deductibility based on your company’s unique needs. Many local business owners in northern Michigan use this benefit to lower their taxable income and plan new vehicle upgrades at year-end.
Commercial GMC Vehicles for Sale Near Me
Section 179 provides an outstanding opportunity for Michigan business owners to invest in the GMC fleet upgrades they need, with real tax savings now. Have questions about eligible vehicles or want to see current incentives on GMC trucks and commercial vans? Reach out to the specialists at Jim Wernig GMC to review Section 179 details, compare models and schedule your commercial vehicle test-drive today.
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1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.