What is the Section 179 Deduction?

Most people think the Section 179 deduction as some confusing tax loophole and that very few qualify.

However, it's much simpler than you might realize and Northwest Chevrolet will help you take advantage of this opportunity before the end of the year.

Years ago, Section 179 was often referred to as the “SUV Tax Loophole” or the “Hummer Deduction. One of the more popular uses of the Deduction has been for vehicles. While this particular use of the tax code has been modified with the limits, it is still true that Section 179 can be advantageous in buying vehicles for your business.

A 2020 Chevrolet Silverado 1500 towing a horse trailer on a scenic road, showcasing its power and utility.

WHAT "LISTED PROPERTY" QUALIFIES UNDER THE SECTION 179?

Listed property generally includes the following.

  • Passenger automobiles weighing 6,000 pounds or less. See Limits for passenger automobiles, later.
  • Any other property used for transportation if the nature of the property lends itself to personal use, such as motorcycles, pick-up trucks, sport utility vehicles, etc.

The Following Chevy Models Qualify Under Section 179

When your truck needs new parts or replacement accessories, why settle for less than the best? Other Tacoma truck parts suppliers can't match the selection of truck parts that we carry at Northwest Chevrolett. Our inventory of genuine Chevy truck parts is sure to have what you need, and if it doesn't, we'll be happy to work on getting it. After all, why settle for less than the OEM factory part that your truck needs? Whether you need a crucial truck part to keep you running, or new accessories so your truck stays sharp, look to Northwest Chevrolett, your premium destination for truck parts in McKenna.

Chevrolet dealer promoting new tax benefits for customers on vehicle purchases and leases.

DISCLAIMER

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

Northwest Chevrolet

35108 92nd Ave S, McKenna, WA 98558

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Monday 9:00AM - 8:00PM
Tuesday 9:00AM - 8:00PM
Wednesday 9:00AM - 8:00PM
Thursday 9:00AM - 8:00PM
Friday 9:00AM - 8:00PM
Saturday 9:00AM - 7:00PM
Sunday 11:00AM - 6:00PM
Monday 7:30AM - 5:30PM
Tuesday 7:30AM - 5:30PM
Wednesday 7:30AM - 5:30PM
Thursday 7:30AM - 5:30PM
Friday 7:30AM - 5:30PM
Saturday 7:30AM - 5:30PM
Sunday Closed
Monday 7:30AM - 5:30PM
Tuesday 7:30AM - 5:30PM
Wednesday 7:30AM - 5:30PM
Thursday 7:30AM - 5:30PM
Friday 7:30AM - 5:30PM
Saturday 7:30AM - 5:30PM
Sunday Closed