North Carolina business owners can unlock major tax savings on new GMC work trucks and other vehicles thanks to the Section 179 tax deduction, which allows businesses to deduct up to the full purchase price of qualifying vehicles. Our family-owned Buick and GMC dealership near Waxhaw is here to help local companies take advantage of this powerful tax incentive, making it easier and more affordable to upgrade your fleet with the latest GMC trucks and commercial vans.
With a remarkable legacy dating back to 1946, we supply a wide range of commercial vehicles to support your business requirements. Visit Griffin Buick GMC to discover how Section 179 can help you grow your business and save big at tax time.
2025 Section 179 Deduction Limits
Section 179 is designed to help small and medium businesses invest in their growth by offering upfront tax relief. For 2025, these are the key limits:
- 2025 Deduction Limit: $2,500,000¹
- Applies to both new and used equipment, as long as it's new to your business and purchased or leased for operational use.
- 2025 Spending Cap: $4,000,000¹
- Upon exceeding this cap, the deduction amount begins to phase out dollar for dollar.
- Bonus Depreciation: 100%¹
- Allows for full, immediate deduction of qualifying expenses after the spending cap is reached.
To qualify for these savings, your vehicle must be acquired and put into service by December 31, 2025.¹
What GMC & Buick Vehicles Are Eligible for Section 179?
Griffin Buick GMC offers a range of commercial vehicles that meet Section 179 requirements. This tax incentive applies to both new GMC models and used cars for sale -- what matters is that the vehicle is new to your business. While many traditional work vehicles may qualify for the full deduction, passenger vehicles are still eligible for a partial deduction:
- New & Used Vocational Trucks and Vans: Full Section 179 deduction available¹
- Heavy SUVs & Trucks (Over 6,000 lbs. GVW): $31,300 maximum Section 179¹
- Cars, Light Trucks & SUVs (Under 6,000 lbs.): $20,400 first-year maximum¹
Whether you need heavy-duty hauling, extra cargo space or a versatile fleet vehicle, we have what you need. Section 179-eligible GMC and Buick vehicles for 2025 may include:
- GMC Sierra 1500
- GMC Sierra HD
- GMC Canyon
- GMC Yukon
- GMC Yukon XL
- GMC Savana Cargo Van
- GMC Savana Passenger Van
- GMC Savana Cutaway
- Buick Enclave
- Other business-focused vehicles
Eligibility often depends on business use, vehicle type and size -- our commercial sales team is here to walk you through your best options for full or partial tax deductions.
How to Take Advantage of Section 179 in North Carolina
To receive Section 179 tax savings on your GMC truck, SUV or van, the vehicle simply needs to be purchased or financed and put into business service before year-end. Not sure what qualifies, or how the deduction can impact your bottom line? The team at our Monroe dealership is ready to advise you at every step.
Contact Griffin Buick GMC today for a Section 179 consultation, to explore the right GMC work truck or van, and start planning for your company's next stage of growth.
Read More: Why Choose Us | Model Research | Auto Financing Center
¹Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.