Section 179 Tax Deduction
Section 179 Commercial Tax Deduction
The Section 179 Commercial Tax Deduction is a tax break that can help you save money on new trucks or vehicles that you utilize for work. In other words, if you purchased a new vehicle and are using it mainly for business purposes, you may be able to write off some or all of the purchase price.
Immediately write off up to 100% of the purchase price of eligible GMC vehicles. For 100 years, GMC has helped business owners do what it takes to get the job done. Now, under new tax depreciation laws, your business may be eligible to immediately deduct up to 100% of the purchase price of an unlimited number of qualifying GMC vehicles purchased in 2021 for business use.
Small Business Owners Don't Get Caught Off Guard
December is our highest volume month for business customers every year. But this year, if you wait to start the process in December, you'll find that there won't be inventory on the lot.
Finding inventory in stock is tough right now. If you haven't had to purchase a vehicle in the last two years, you may not have noticed that dealer lots are sparse. We are still ordering vehicles on a weekly basis though. But even still, those vehicles are most likely claimed before they arrive at the dealership, because demand for vehicles is high.
The good news is you can still get exactly what you want without paying extra. We can spec out a vehicle with the exact package and price you are looking for. We'll walk you through options, place your order and give you an estimated timeframe. It's a simple process! Stack the odds in your favor and place your order by the end of this month. All you need to do to get started is give us a call.
Don't get caught off guard by waiting until the end of the year. If you're planning to take advantage of year end tax savings, you need to order your vehicle now. Contact your salesperson for more information.
First Year Vehicle Depreciation Limits - GMC
The Section 179 Commercial Tax Deduction is a tax break that can help you save money on new trucks or vehicles that you utilize for work. In other words, if you purchased a new vehicle and are using it mainly for business purposes, you may be able to write off some or all of the purchase price.
Immediately write off up to 100% of the purchase price of eligible GMC vehicles. For 100 years, GMC has helped business owners do what it takes to get the job done. Now, under new tax depreciation laws, your business may be eligible to immediately deduct up to 100% of the purchase price of an unlimited number of qualifying GMC vehicles purchased in 2021 for business use.
Up to 100% of Purchase Price - GMC
(no per-vehicle or aggregate limitation)*
Hanner GMC Trucks
1540 I-20 Frontage Rd., Baird, TX 79504
Contact UsHours
| Monday | 8:00AM - 6:00PM |
| Tuesday | 8:00AM - 6:00PM |
| Wednesday | 8:00AM - 6:00PM |
| Thursday | 8:00AM - 6:00PM |
| Friday | 8:00AM - 6:00PM |
| Saturday | 8:00AM - 4:00PM |
| Sunday | Closed |
| Monday | 8:00AM - 6:00PM |
| Tuesday | 8:00AM - 6:00PM |
| Wednesday | 8:00AM - 6:00PM |
| Thursday | 8:00AM - 6:00PM |
| Friday | 8:00AM - 6:00PM |
| Saturday | Closed |
| Sunday | Closed |
| Monday | 8:00AM - 6:00PM |
| Tuesday | 8:00AM - 6:00PM |
| Wednesday | 8:00AM - 6:00PM |
| Thursday | 8:00AM - 6:00PM |
| Friday | 8:00AM - 6:00PM |
| Saturday | Closed |
| Sunday | Closed |