Section 179 Chevy Trucks, Vans and SUVs in Elk Grove Village, IL
Section 179 Event
Work hard. Write it off.
If you own a business, buying a qualifying work vehicle before December 31 may help lower your tax bill this year. Castle Chevrolet North in Elk Grove Village helps contractors, small business owners and fleet buyers across Arlington Heights, Schaumburg, Bensenville and Mount Prospect find the right Chevy truck, van or SUV for the job.
What Is Section 179?
Section 179 of the IRS tax code lets businesses deduct some or all of the purchase price of qualifying equipment, including many work vehicles, in the year they are placed in service. For 2026, the overall annual Section 179 limit is $2,560,000. That’s the total a business can deduct for the year across all qualifying purchases, not the amount per vehicle.
Your actual deduction depends on the vehicle’s cost, your business income and other tax rules. To qualify, a vehicle generally must be used more than 50% for business. Talk with your tax advisor about your situation.
How It Can Work for Your Business
- Choose a qualifying vehicleShop Silverado, Express, Colorado, Tahoe and Suburban models that fit the job.
- Use it for businessVehicles generally must be used more than 50% for business.
- Put it in service by Dec 31Calendar year businesses generally need the vehicle in service by year end.
- Talk with your tax advisorYour tax professional confirms what you can deduct.
Chevy Vehicles That May Qualify
Eligibility depends on weight, configuration and business use. Explore the models below and ask our team which configurations fit your plans.
May qualify for the full Section 179 deduction
Silverado 1500
Standard or Long Bed configurations with a cargo bed at least 6 feet long.
Silverado 2500HD and 3500HD
Heavy duty Standard or Long Bed configurations with a cargo bed at least 6 feet long.
Express Cargo Van
Qualifying cargo van configurations for tools, parts and deliveries.
May qualify for Section 179 and bonus depreciation
Silverado Short Bed
Qualifying short bed configurations may be eligible for Section 179 and bonus depreciation.
Tahoe
Qualifying heavy SUVs are subject to a $32,000 Section 179 deduction limit for 2026.
Suburban
Qualifying heavy SUVs are subject to a $32,000 Section 179 deduction limit for 2026.
Federal bonus depreciation may allow additional first-year deductions. The amount depends on the vehicle’s configuration, business use and applicable tax rules. Consult your tax advisor to determine eligibility.
Buy Before December 31
For businesses using the calendar tax year, qualifying vehicles generally must be purchased and placed in service by December 31, 2026, to claim the deduction for 2026. Shopping early gives you more time to find the right truck or van and arrange financing before year-end.
Chevy Business Choice Offers
Eligible business customers may also qualify for Chevy Business Choice offers on select commercial vehicles. These offers may include allowances for accessories or vehicle upfits. Ask our commercial sales team about current programs and eligibility requirements.
Talk With Our Commercial Sales Team
Castle Chevrolet North has a dedicated commercial sales team to help local businesses find qualifying work trucks and vans.
Connect with our team to explore available inventory, business financing and current GM Business Choice offers.
Why Business Buyers Choose Castle Chevrolet North
Commercial Sales Support
Work with Bill Martino, Commercial Fleet Sales Manager, to explore vehicles for your business.
Trucks & Work Vans
Explore Chevrolet Silverado, Colorado and Express options for your business.
Financing & Service
Explore business financing options and access service support for your work vehicles.
Conveniently located in Elk Grove Village, serving businesses near Arlington Heights and the O’Hare corridor.
Section 179 Tax Deduction Questions for Chevy Buyers
Do all Chevy vehicles qualify for Section 179?
Not every vehicle qualifies for the full deduction. Eligibility depends on the vehicle’s weight, configuration, how it is used, and what percentage of its use is for business. Your tax advisor can confirm what applies to you.
How much can I deduct in 2026?
The overall Section 179 deduction limit for tax years beginning in 2026 is $2,560,000, subject to applicable tax limitations, and it begins phasing out once total qualifying purchases exceed $4,090,000. Qualifying heavy SUVs have a separate $32,000 Section 179 limit, and federal bonus depreciation may allow additional first-year deductions. Illinois follows Section 179 but handles bonus depreciation differently, so your state and federal deductions may not match.
Can I finance a vehicle and still use Section 179?
Financed vehicles can qualify, since the deduction is based on the purchase. Leases are usually treated differently. Ask your tax advisor which option fits your business best.
When do I need to buy?
For businesses using the calendar tax year, qualifying vehicles generally must be purchased and placed in service by December 31, 2026, to claim the deduction for 2026.
Does Castle Chevrolet North give tax advice?
No. We help you find the right vehicle and financing, and your tax professional determines your deduction.
Ready to Put a New Work Truck to Work?
Talk to our business sales team about qualifying inventory, Chevy Business Choice offers and financing for your business.
Castle Chevrolet North does not provide tax, legal or accounting advice. 2026 Section 179 limits are based on IRS published figures. Eligibility and deduction amounts depend on your business, the vehicle and its business use. Consult a qualified tax professional. Vehicle availability varies.
