Serra Chevrolet Nashville is your Veteran Owned, Value Driven local Nashville car dealer located in Madison, TN and proudly serving Nashville and all of Middle Tennessee.
If you own a small business or work for yourself around Nashville, the 2026 Section 179 tax deduction may help you invest in the work-ready vehicles that keep your operation moving. Our team at Serra Chevrolet Nashville, the largest volume GM store in Tennessee, is here to walk you through the business-use trucks, vans and SUVs in our inventory and connect you with a haggle-free financing experience that fits your goals.
Known around the area as "Truckville Tennessee," we're truly One Destination with So Many Choices for business owners near Goodlettsville. This content is for informational purposes only, so please consult a qualified tax professional to confirm how Section 179 applies to your specific situation.
2026 Section 179 Tax Deduction Overview & Limits
Section 179 of the IRS tax code lets qualifying businesses deduct the cost of eligible equipment, including certain business-use Chevy 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. Review the general guidelines below, then talk with your tax advisor about the details that apply to your situation.
- 2026 Deduction Limit: $2,560,0001 on new and used equipment that's new to the buyer, whether purchased or leased.
- 2026 Spending Cap: $4,090,0001 is the maximum that can be spent on equipment before the Section 179 deduction begins to be reduced on a dollar-for-dollar basis, with complete phase-out at $6,650,000.
- 2026 Bonus Depreciation: 100%1 lets a business immediately deduct a large percentage of the purchase price of eligible assets, applies to new and used and is generally taken after the spending cap is reached.
Qualifying vehicles must also be purchased and put into use before Dec. 31, 20261, used for business purposes more than 50% of the time and titled in the company's name rather than the owner's name.
Which Chevy Vehicles Qualify for Section 179?
How a Chevy qualifies under Section 179 depends largely on its gross vehicle weight rating (GVWR) and how it's used for your business. In general terms, heavier work-focused trucks and vans receive more favorable treatment, while lighter passenger vehicles are subject to stricter limits. The breakdown below outlines how different vehicle categories are generally treated.
- New & Used Vocational Trucks and Vans: full Section 179 deduction available1
- Heavy SUVs & Trucks (Over 6,000 lbs. GVW), excluding some pickups and vans: $32,000 maximum Section 1791
- Cars, Light Trucks & SUVs (Under 6,000 lbs.): subject to IRS "luxury auto" depreciation limits (Section 280F)1
You can explore our new Chevy models for sale, from the Silverado 1500 and Colorado to the Tahoe, along with commercial GM trucks and work-ready vans well suited to Section 179 planning.
How Do I Use the Section 179 Tax Incentive?
Taking advantage of Section 179 starts with choosing a qualifying Chevy 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 half the time and that it's titled in your company's name rather than your personal name. Our Chevy finance center can help you select an eligible truck, van or SUV, discuss lease or purchase terms and apply for Chevy financing, though your accountant or tax professional should always confirm the exact deduction you can claim.
Commercial Chevy Vehicles for Sale Near Me
When business owners in Nashville and Goodlettsville want a dealership that understands commercial needs, they turn to Serra Chevrolet Nashville. As a GM Mark of Excellence recipient for 15 years with an on-site commercial fleet service department, we make it easy to find, finance and maintain the right work vehicle before the 2026 deadline. Visit us in Madison or contact our team today to explore qualifying Chevy trucks, vans and SUVs and take the next step toward your Section 179 tax strategy.
Read More:
1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.
Serra Chevrolet Nashville Section 179 Tax Deduction FAQs
01Can vehicles be deducted under Section 179?
Yes, qualifying business-use Chevy vehicles can be deducted under Section 179 when they're purchased and placed into service before December 31, 2026. Our team at Serra Chevrolet Nashville can walk you through the trucks, vans and SUVs in our inventory, though you should confirm your specific deduction with a qualified tax professional.
02Does Section 179 apply to used car purchases?
Section 179 applies to both new and used equipment, as long as the vehicle is new to the buyer and used for business purposes more than 50% of the time. Serra Chevrolet Nashville carries business-ready Chevy models near Goodlettsville, and our haggle-free financing team can help you explore qualifying used options.
03Can Section 179 be claimed multiple times?
Section 179 can generally be applied each tax year on qualifying equipment up to the annual limit, with a 2026 deduction limit of $2,560,000.1 The vehicle must be titled in the company's name and used for business more than half the time, so consult your tax advisor about how it applies to repeat purchases.
04What is the Section 179 tax deduction limit?
For 2026, the Section 179 deduction limit is $2,560,000 on new and used equipment that's new to the buyer, whether purchased or leased. Visit Serra Chevrolet Nashville in Madison or contact our commercial fleet service department to find a qualifying Chevy for your Section 179 strategy.
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 phase out on a dollar-for-dollar basis, with complete phase-out at $6,650,000.1 As the largest volume GM store in Tennessee, Serra Chevrolet Nashville can help business owners near Goodlettsville put the right work vehicle into service.
