Section 179 Tax Deduction for Business Owners in Oregon
Section 179 Tax Deduction for Business Owners in Oregon
Auto Town GMC wants you to get all the tax deductions you qualify for. Write-off the price of any business vehicle you buy from us. Keep reading to learn more.
Learn About TAX DEDUCTIONS FOR SMALL BUSINESSES
PUT FEDERAL TAX DEDUCTIONS AND CREDIT TO WORK FOR YOU
You could get more tax benefits when you purchase the vehicles that you need. Both large and small businesses may be eligible to immediately deduct up to 100% of the purchase price* of qualifying vehicles. Beginning in 2024, businesses that purchase qualifying electric vehicles by September 30, 2025 may qualify for a federal income tax credit of up to $7,500.
2025 ELIGIBLE VEHICLES
UP TO 100%
OF PURCHASE PRICE
Large trucks, cargo vans and 10+ passenger vans – GVWR greater than 6,000 lbs.
- Sierra 1500/2500/3500 – Standard and Long Bed
- Sierra 3500 HD Chassis Cab
- Savana Cargo Van
- Savana Passenger Van (10+ passenger seating only)
- Savana Cutaway
UP TO 100%
OF PURCHASE PRICE
Other trucks, passenger vans and SUVs – GVWR greater than 6,000 lbs.
- Sierra 1500 – Short Bed (including Denali)
- Yukon (including Denali)
- Yukon XL (including Denali)
- Acadia (including Denali)
- Canyon
- Savana Passenger Van (all except 10+ passenger seating)
UP TO $20,200
All vehicles – GVWR 6,000 lbs. or less.
- Terrain (including Denali)
FEDERAL INCOME TAX CREDITS
FOR ELECTRIC VEHICLES
Individuals, businesses and tax-exempt organizations that purchase a qualifying electric vehicle may qualify for a federal Clean Vehicle or Commercial Clean Vehicle income tax credit of up to $7,500* for vehicles placed in service in a trade or business during 2025.
GMC HUMMER EV SUV
(Model Years 2024-2026)
Maximum Credit:
$7,500
GMC HUMMER EV PICKUP
(Model Years 2024-2026)
Maximum Credit:
$7,500
GMC SIERRA EV (Denali Edition 1)
(Model Year 2024)
Maximum Credit:
$7,500
GMC SIERRA EV
(Model Years 2025-2026)
Maximum Credit:
$7,500
Each purchaser’s tax situation is unique and the available tax benefits and the applicable federal tax laws, regulations and guidelines are subject to change without notice. Therefore, customers must consult their tax advisor to determine the proper tax treatment of any vehicle purchase(s). For more information, visit www.irs.gov. This advertisement is for informational purposes only and should not be construed as tax advice or as a promise of availability or amount of any potential tax benefit or reduced tax liability.
BUILD ON YOUR BREAK
Whether you’re shopping for a new vehicle for your business or looking for innovative ways to increase productivity, we have you covered. Explore the programs we’ve developed to keep your business running effectively and efficiently.
GM FINANCIAL COMMERCIAL VEHICLE LENDING PROGRAM
The experienced team at GM Financial understands the sophisticated demands and complex financing requirements of today’s commercial borrower. Our suite of Commercial Vehicle Lending products is designed to suit your unique business needs.
Learn MoreBUSINESS CHOICE OFFERS
Business Choice Offers provide flexible solutions for your business. With cash allowances on either accessories or upfits, you have more ways to get a deal on the purchase of your new vehicle.
Learn MoreONSTAR BUSINESS SOLUTIONS
Access safety services, vehicle status and API customizations, and provide workforce Wi-Fi®* connectivity with built-in vehicle features.
Learn MoreAuto Town GMC
19495 SE McLoughlin Blvd, Gladstone, OR 97027
Contact UsHours
| Monday | 9:00AM - 7:00PM |
| Tuesday | 9:00AM - 7:00PM |
| Wednesday | 9:00AM - 7:00PM |
| Thursday | 9:00AM - 7:00PM |
| Friday | 9:00AM - 7:00PM |
| Saturday | 9:00AM - 7:00PM |
| Sunday | 10:00AM - 7:00PM |
| lunch at noon -1pm | |
| Monday | 7:30AM - 6:00PM |
| Tuesday | 7:30AM - 6:00PM |
| Wednesday | 7:30AM - 6:00PM |
| Thursday | 7:30AM - 6:00PM |
| Friday | 7:30AM - 6:00PM |
| Saturday | 8:00AM - 4:00PM |
| Sunday | Closed |
| you break it we fix it | |
| Monday | 7:30AM - 6:00PM |
| Tuesday | 7:30AM - 6:00PM |
| Wednesday | 7:30AM - 6:00PM |
| Thursday | 7:30AM - 6:00PM |
| Friday | 7:30AM - 6:00PM |
| Saturday | 8:00AM - 4:00PM |
| Sunday | Closed |