Section 179 Benefits
Section 179 Benefits | Business Benefits You'll Love
Maximize your business when you choose Chuck Stevens Chevrolet of Bay Minette. Known for the quality of our service, our experts go the extra mile to ensure you have everything you need to help your business thrive. One of the ways we help is by educating business owners on different resources they can use throughout the course of doing their business.
Section 179 is a tax benefit that's used to protect your bottom line. Through this program, businesses can write off up to 100% of the purchase price for qualifying equipment in the year it's placed into service. It's a wonderful way to get the equipment you need while keeping your business's budget in mind.
How Chuck Stevens Chevrolet of Bay Minette Can Help
Section 179 opens the gateway to amazing possibilities. You're not limited to just purchasing software and printers. With Section 179, the "equipment" you can purchase includes quality vehicles. This program allows businesses to build a fleet, maximizing their reach every time they're on the road.
How Section 179 Works
Section 179 requires that the qualifying equipment you finance or lease be used for business purposes at least 50% of the time. Qualification is determined by the vehicle's gross vehicle weight rating. In 2025, there are several limits you should know. Take a look at these limits below.
- Maximum deduction for SUVs & Trucks: $31,300
- Deduction limit: $1,250,000
- Spending cap: $3,130,000
- Phase-Out threshold: $4,380,000
- Bonus depreciation: 40%
Qualifying Chevrolet Models in 2025
Explore our inventory to discover the vehicle that's right for your business.
- Chevy Silverado 1500
- Chevy Silverado HD
- Chevy Colorado
- Chevy Blazer EV
- Chevy Equinox EV
- Chevy Suburban
- Chevy Express Vans
Contact Chuck Stevens Chevrolet of Bay Minette to Learn More
Visit us online or call our dealership to learn more about Section 179. We look forward to serving you.
How Can We Help?
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CHUCK STEVENS CHEVROLET OF BAY MINETTE, INC.
2427 US-31
Bay Minette, AL 36507
- Sales: (251) 215-4615
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