2025 Chevy Section 179 Tax Deductions in Baxter, MN

As the fiscal year draws to a close, it's more important than ever that your small-to-medium business finishes off stronger than ever. With Section 179 tax deductions available on new Chevrolet trucks, SUVs and EVs, you can start your next chapter prepared for anything.

What is the Section 179 Tax Deduction? It's a deduction program set forth by the IRS Tax Code designed to help business owners like yourself save money on a new or used Chevrolet work vehicle needed for business tasks. It's incredibly important to have a capable Chevy truck or work van for the Minnesota workforce, and the Section 179 tax breaks are here to assist. Come on down to our Baxter-Brainerd Chevy dealer and one of our Chevy Section 179 experts will be happy to speak with you about this lucrative opportunity.

Chevy Silverado 1500
Silverado HD

2025 Section 179 Limits & Info

The Section 179 tax deduction was created with small businesses in mind. Because of that, there are spending caps and deduction limits in place to ensure it caters to small-to-medium sized companies rather than big corporations. For 2025, the Section 179 limits are as follows:

  • 2025 Deduction Limit: $2,500,0001 
    • Good on new and used equipment (as long as new to the buyer)
    • Purchased or leased
  • 2025 Spending Cap: $4,000,0001 -- 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 $6,500,000
  • 2025 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

To claim the Section 179 tax incentive, you must purchase your vehicles and put them into service by December 31, 2025.1 We hope to see you at our Minnesota Chevy truck dealer soon!

Silverado HD

What Chevy Vehicles Qualify for Section 179?

To properly qualify for the Section 179 benefits, you must purchase a vehicle in the current fiscal year and use it for business purposes at least 50% of the time. If you meet or exceed this standard, you may be able to claim up to 100% of the purchase price on qualifying work-centric vehicles.1 You can also claim partial deductions on many traditional passenger vehicles.1

Both new Chevy vehicles and used cars may be eligible for Section 179 deductions -- what matters most is that the vehicle is new to you!

Here's a breakdown of Section 179 deductions by vehicle type:

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

Eligible Chevy models may include, but are not limited to:

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