ATTENTION BUSINESS OWNERS: NOW IS THE TIME TO UPGRADE YOUR FLEET!

Take advantage of massive tax savings through federal Tax Code 179 and 100% Bonus Depreciation when you upgrade your fleet before January 1, 2027! Right now, eligible businesses can deduct up to 100% of the total purchase price on select Chevrolet commercial trucks and vans on their 2026 tax return (up to $2,560,000 in total Section 179 deductions)!   

Don't wait — contact the Chevrolet Business Elite pros at Jim Butler Chevrolet in Linn, MO to secure the right vehicles for your fleet before year-end!

What’s New for 2026

• Section 179 Deduction Dollar Limits: For tax years beginning in 2026, the maximum Section 179 expense deduction is $2,560,000. This deduction phases out dollar-for-dollar when total qualifying equipment and vehicle purchases exceed $4,090,000.   

• Heavy SUV Section 179 Deduction Cap: Passenger vehicles and heavy SUVs with a Gross Vehicle Weight Rating (GVWR) between 6,001 and 14,000 lbs carry a maximum Section 179 expense deduction of $32,000 for tax years beginning in 2026.   

• 100% Bonus Depreciation Restored: Under recent legislation (One Big Beautiful Bill Act), the special bonus depreciation phase-down was reversed. Qualifying business property acquired and placed in service in 2026 is eligible for 100% Bonus Depreciation on any remaining basis above the Section 179 cap.   

Chevrolet Vehicle Deduction Breakdown for 2026

1. Deduct Up to 100% of Purchase Price (Full First-Year Write-Off)

Qualifying commercial vehicles, heavy trucks over 14,000 lbs. GVWR, cargo/passenger vans with 10+ seating capacity, or trucks with standard/long beds (6+ ft interior length):   

• SILVERADO 1500 (Standard or Long Bed models)   

• SILVERADO 2500HD & 3500HD (Standard or Long Bed models)

• SILVERADO 4500HD, 5500HD, & 6500HD Chassis Cabs   

• LOW CAB FORWARD   

• EXPRESS CARGO VAN   

• EXPRESS CUTAWAY   

• EXPRESS PASSENGER VAN (12- or 15-Passenger configurations)

2. Deduct Up to $32,000 Section 179 Cap + 100% Bonus Depreciation on Balance

Heavy SUVs, crossovers, and short-bed trucks with a GVWR between 6,001 and 14,000 lbs:   

• TAHOE   

• SUBURBAN   

• SILVERADO 1500 (Short Bed models with >6,000 lbs. GVWR)   

• COLORADO (Select trims/4WD models with >6,000 lbs. GVWR)

• TRAVERSE (Select AWD configurations meeting >6,000 lbs. GVWR)

• BLAZER EV / EQUINOX EV (Select commercial configurations meeting >6,000 lbs. GVWR)

3. Deduct Up to $20,200 Total First-Year Deduction

Passenger cars, light crossovers, and light trucks with a GVWR of 6,000 lbs. or less (combining standard depreciation + bonus depreciation caps):

• COLORADO (Lightweight 2WD models under 6,000 lbs. GVWR)   

• EQUINOX (Gas models)

• TRAILBLAZER

• TRAX

• MALIBU

• CORVETTE