If you own a small business or are self-employed in the Rhinelander area, you may already know that the right vehicle purchase can do more than move your team from job site to job site. It can work for you at tax time, too. Section 179 of the IRS tax code is a powerful incentive that allows qualifying businesses to deduct the cost of certain vehicles and equipment in the year they are placed into service, rather than depreciating the expense over several years.
At Rhinelander GM Auto Group, we carry an extensive lineup of new Chevrolet and GMC trucks, vans and SUVs that may qualify, making us a natural starting point for business owners across Rhinelander, WI and the surrounding Northwoods communities.
2026 Section 179 Tax Deduction Overview & Limits
Understanding the ground rules for Section 179 is the first step toward making a smart business vehicle decision before the December 31, 2026, deadline. Below is a summary of the key 2026 figures and eligibility requirements to keep in mind as you shop.
- 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 Chevy Vehicles Qualify for Section 179?
Chevrolet has long been a go-to brand for business owners who need dependable, capable work vehicles, and many models in the new Chevy lineup may qualify for the Section 179 deduction. Whether you need a heavy-duty hauler, a versatile cargo van or a capable full-size SUV for your team, Rhinelander GM Auto Group has the Chevy inventory to match your business needs.
Full Section 179 deduction available 1
- Heavy SUVs & Trucks (Over 6,000 lbs. GVW) (excludes some pickups/vans): $32,000 maximum Section 179 1
- Cars, Light Trucks & SUVs (Under 6,000 lbs.): Subject to IRS "luxury auto" depreciation limits (Section 280F) 1
Eligible Chevy models may include, but are not limited to:
- Silverado 1500
- Silverado EV
- Silverado HD
- Colorado
- Express Cargo Van
- Express Passenger Van
- Suburban
- Tahoe
- Traverse
Which GMC Vehicles Qualify for Section 179?
The GMC lineup of professional-grade trucks, vans and SUVs is built for the demands of business use, and many models carry Gross Vehicle Weight Ratings that make them strong candidates for the Section 179 deduction. From the new GMC Sierra HD to the spacious Yukon XL, Rhinelander GM Auto Group stocks the GMC vehicles that Northwoods business owners rely on year-round.
Full Section 179 deduction available 1
- Heavy SUVs & Trucks (Over 6,000 lbs. GVW) (excludes some pickups/vans): $32,000 maximum Section 179 1
- Cars, Light Trucks & SUVs (Under 6,000 lbs.): Subject to IRS "luxury auto" depreciation limits (Section 280F) 1
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?
Using Section 179 starts with selecting a qualifying vehicle, placing it into business service before December 31, 2026, and ensuring it meets the more-than-50-percent business-use requirement. From there, your tax professional will complete IRS Form 4562 to claim the deduction on your business return. It is that simple when you have the right vehicle and the right guidance.
The team at Rhinelander GM Auto Group is here to help you identify which Chevy or GMC models best fit your operational needs and your budget. We serve business owners throughout Rhinelander and the greater Northwoods region, and we're ready to walk you through our current inventory so you can make the most of this year's tax incentive before time runs out.
Commercial Chevy & GMC Vehicles for Sale Near Me
If you are searching for commercial Chevy or GMC vehicles for sale near Rhinelander, WI, look no further than Rhinelander GM Auto Group. Our team understands the unique needs of local business owners, from contractors and tradespeople to service professionals and fleet operators, and we're focused on helping you find the right vehicle at the right value. Stop in, contact us or browse our online inventory today to explore your options before the 2026 Section 179 deadline arrives.
Disclaimer: This page is for informational purposes only and does not constitute tax or legal advice. Section 179 eligibility, deduction limits, and bonus depreciation figures are subject to change by legislation. Please consult a qualified tax professional to determine how Section 179 applies to your specific business situation.
1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.
Rhinelander GM Auto Group Section 179 Tax Deduction FAQs
How does the Section 179 tax deduction work for business vehicle purchases at Rhinelander GM Auto Group?
Section 179 allows qualifying businesses to deduct the full purchase price of an eligible vehicle in the year it is placed into service, rather than depreciating it over multiple years. The 2026 deduction limit is $2,560,000, and the vehicle must be used for business purposes more than 50% of the time and titled in the company's name. Rhinelander GM Auto Group carries a wide selection of new Chevy and GMC trucks, vans and SUVs in Rhinelander, WI that may qualify. Stop in or browse our inventory online to find the right fit before the December 31, 2026, deadline.
What Chevy and GMC vehicles qualify for the Section 179 deduction at Rhinelander GM Auto Group?
Many of the Chevy and GMC models at Rhinelander GM Auto Group may qualify, including the Silverado HD, Express Cargo Van, GMC Sierra HD, Savana Cargo Van, and Yukon XL. Vocational trucks and vans are eligible for the full Section 179 deduction, while heavy SUVs and trucks over 6,000 lbs. GVW are subject to a $32,000 maximum deduction. Lighter vehicles under 6,000 lbs. fall under IRS luxury auto depreciation limits outlined in Section 280F. Our team in Rhinelander can help you identify which models best match your business needs and weight requirements.
Can I use Section 179 on a leased Chevy or GMC vehicle?
Yes, Section 179 applies to both purchased and leased vehicles, as long as the vehicle is new to the buyer and placed into business service before December 31, 2026. The vehicle must still meet the more-than-50-percent business-use requirement and be titled in the company's name rather than the owner's personal name. Rhinelander GM Auto Group serves business owners throughout the Northwoods region and can walk you through both purchase and lease options on our current Chevy and GMC inventory.
Are there additional tax incentives beyond Section 179 available for business vehicle purchases in 2026?
Yes, 100% bonus depreciation is available in 2026 as a complementary tax incentive that allows businesses to immediately deduct a large percentage of the purchase price of eligible assets. Bonus depreciation is generally applied after the Section 179 spending cap of $4,090,000 is reached and applies to both new and used equipment. Consult a qualified tax professional to determine how both incentives can work together for your specific business situation.
Where can I find commercial Chevy and GMC vehicles for sale near Rhinelander, WI before the 2026 Section 179 deadline?
Rhinelander GM Auto Group is the go-to destination for commercial Chevy and GMC trucks, vans and SUVs serving contractors, tradespeople, fleet operators, and service professionals throughout the Northwoods region. Our team is ready to help you match the right vehicle to your operational needs and budget before the December 31, 2026, Section 179 deadline. Stop in, give us a call, or browse our online inventory today to get started.
