Section 179 Tax Benefits in Valpo, IN
Upgrading your business fleet just got easier with Section 179 tax benefits at Currie Motors Buick GMC. We proudly serve businesses in Indiana by offering a wide range of GMC trucks and Buick SUVs for sale nearby, many of which qualify for this valuable deduction. Under Section 179, you can deduct up to 100% of the purchase price of qualifying vehicles from your annual business taxes.1
Time is of the essence, though! To maximize these benefits for your business, ensure your qualifying commercial vehicle is purchased and put into service before December 31, 2026.
2026 Section 179 Deduction Limits Explained
Section 179 is specifically designed to help small- and medium-sized businesses make cost-effective investments in equipment and vehicles. Whether you're shopping for a new GMC Sierra HD or a Buick Enclave for business needs, this deduction can deliver substantial savings.
Here's what you need to know about the 2026 Section 179 limits:1
- 2026 Deduction Limit: $2,560,0001
- Good on new and used equipment (as long as new to the buyer)
- Purchased or leased
- 2026 Spending Cap: $4,090,0001 -- 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 $6,650,000
- 2026 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
- Must be purchased and put into use before Dec. 31, 20261
- Must be used for business purposes more than 50% of the time
- Must be titled in the company's name (not the company's owner's name)
Qualifying Buick & GMC Models for Section 179
| New & Used Vocational Trucks and Vans | Full Section 179 deduction available1 |
|---|---|
| Heavy SUVs & Trucks (Over 6,000 lbs. GVW) (excludes some pickups/vans) | $32,000 maximum Section 1791 |
| Cars, Light Trucks & SUVs (Under 6,000 lbs.) | Subject to IRS "luxury auto" depreciation limits (Section 280F)1 |
The powerful lineup at Currie Motors Buick GMC includes new GMC trucks, used Buick SUVs, transportation-ready vans and plenty of additional options that all meet Section 179 eligibility requirements. Whether you need rugged towing power or versatile cargo space, you'll find the perfect vehicle for your Valpo business right here.
Eligible GMC models may include, but are not limited to:1
- Acadia
- Canyon
- Savana Cargo Van
- Savana Passenger Van
- Savana Cutaway
- Sierra 1500
- Sierra HD
- Terrain
- Yukon
- Yukon XL
In addition to eligible GMC models, select Buick models also qualify for the Section 179 tax deduction. Ask our Buick sales team members about how to claim Section 179 savings on popular models like the new Buick Enclave and Envision.
Your Valpo Commercial Vehicle Headquarters
At Currie Motors Buick GMC, we're committed to helping Valpo businesses thrive. Our team is here to help you understand Section 179 benefits, explore qualifying vehicles and make the right investment for your commercial fleet.
Don't miss your chance to capitalize on this incredible tax deduction. Contact our Buick and GMC commercial sales team or visit our Valpo dealership today to test-drive vehicles that can keep your business moving forward.
Learn More:
Why Choose Currie Motors Buick GMC | Trade In & Trade Up | Should I Repair vs. Replace My Vehicle
1 Information accurate as of the date published. Please consult section179.org or your tax professional for the most up-to-date details.
2026 Section 179 FAQs
Can vehicles be deducted under Section 179?
Yes, many commercial vehicles can be deducted under Section 179 as long as they are purchased or leased, new to your business and used for business purposes more than 50% of the time. Eligible vehicles include qualifying trucks, vans and some SUVs.
Does Section 179 apply for used car purchases?
Section 179 applies to both new and used vehicles, as long as the used vehicle is new to your business and meets the business use requirements set by the IRS.
Can Section 179 be claimed multiple times?
Section 179 can be claimed for each qualifying vehicle or piece of equipment purchased during the tax year, up to the total deduction limit. Keep in mind the annual deduction and spending caps.
What is the Section 179 tax deduction limit?
For 2026, the Section 179 tax deduction limit is $2,560,000. This is the maximum amount that can be deducted for qualifying purchases within the tax year.
What is the 2026 Section 179 spending cap?
The Section 179 spending cap for 2026 is $4,090,000. Once this amount is exceeded, the deduction begins to be reduced on a dollar-for-dollar basis until it phases out completely at $6,650,000.