If you own a small business or work for yourself in Nashville, the Section 179 tax deduction may be one of the smartest ways to invest in a work-ready vehicle for the 2026 tax year. Our team at Serra Chevrolet Buick GMC of Nashville helps local business owners and self-employed professionals understand how qualifying trucks, vans and SUVs may fit into their vehicle tax strategy.
This content is provided for informational purposes only, and you should always consult a qualified tax professional to confirm how Section 179 applies to your specific situation before making a purchase.
2026 Section 179 Tax Deduction Overview & Limits
Section 179 of the IRS tax code lets eligible businesses deduct the purchase price of qualifying equipment, including certain business-use vehicles, in the year they're purchased and placed into service. It's designed as a true small-business incentive that rewards companies for investing in the tools and vehicles they need to grow near Hendersonville and across the Nashville area.
2026 Deduction Limit: $2,560,0001
- Good on new and used equipment (as long as new to the buyer)
- Purchased or leased
2026 Spending Cap: $4,090,0001 -- 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)
- Deduction begins to be reduced on a dollar-for-dollar basis -- this cap is what makes it a "small business tax incentive"
- Complete phase-out at $6,650,000
2026 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, 20261
- 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 Vehicles Qualify for Section 179?
A vehicle's eligibility for Section 179 depends largely on its Gross Vehicle Weight Rating (GVWR) and how it's used for your business. In general terms, heavier work-oriented vehicles offer more favorable treatment, while lighter passenger vehicles are subject to stricter limits.
- New & Used Vocational Trucks and Vans -- Full Section 179 deduction available1
- Heavy SUVs & Trucks (Over 6,000 lbs. GVW) (excludes some pickups/vans) -- $32,000 maximum Section 1791
- Cars, Light Trucks & SUVs (Under 6,000 lbs.) -- Subject to IRS "luxury auto" depreciation limits (Section 280F)1
Our showroom carries a wide selection of business-ready Chevy trucks, GMC vans and Buick SUVs across multiple weight classes, so our team can help you pinpoint the options that may line up with the Section 179 category that fits your plans.
How Do I Use the Section 179 Tax Incentive?
Taking advantage of Section 179 starts with choosing a qualifying vehicle from our new Chevy, Buick and GMC inventory and putting it into business use before December 31, 2026. You'll generally need to document that the vehicle is used for business purposes more than 50% of the time and that it's titled in your company's name rather than a personal name.1
Our finance team can help you apply for financing and select an eligible commercial Chevy Silverado or GMC Sierra 1500 truck, though your accountant or tax professional should always confirm the exact deduction you can claim for your business.
Commercial Vehicles for Sale Near Me
When business owners in Nashville and near Hendersonville want a dealership that understands commercial needs, they turn to our team. From our commercial truck lineup to hardworking vans and SUVs, we make it easy to find and finance the right work vehicle before the 2026 deadline.
Ready to put Section 179 to work for your business? Browse our inventory online, explore your financing options or contact us today to speak with our team about qualifying vehicles near Hendersonville.
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1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.
Serra Chevrolet Buick GMC of Nashville Section 179 FAQs
01Can vehicles be deducted under Section 179?
Yes, Section 179 lets eligible businesses deduct the purchase price of certain business-use vehicles in the year they are purchased and placed into service. Qualifying Chevy, Buick and GMC trucks, vans and SUVs at our dealership must be used for business more than 50% of the time and titled in the company's name. Contact our team in Nashville to explore eligible options.
02Does Section 179 apply for used car purchases?
Yes, the deduction is good on new and used equipment as long as the vehicle is new to the buyer, and the 2026 100% bonus depreciation also applies to new and used. Serra Chevrolet Buick GMC of Nashville can help you find a qualifying commercial vehicle near Hendersonville that fits your business.
03Can Section 179 be claimed multiple times?
Section 179 is available each tax year on qualifying equipment purchased and put into service, subject to the annual deduction limit and spending cap. Always consult a qualified tax professional to confirm how it applies to your specific situation before making a purchase.
04What is the Section 179 tax deduction limit?
The 2026 Section 179 deduction limit is $2,560,000, available on new and used equipment that is purchased or leased. Heavy SUVs and trucks over 6,000 lbs. GVW are subject to a $32,000 maximum, while lighter vehicles fall under IRS luxury auto limits.
05What is the 2026 Section 179 spending cap?
The 2026 spending cap is $4,090,000, the maximum that can be spent on equipment before the Section 179 deduction begins to reduce on a dollar-for-dollar basis, with a complete phase-out at $6,650,000. This cap is what makes Section 179 a true small-business incentive for Nashville owners.