GMC Section 179 Tax Deduction in Asheville, NC
If you own a small business or work for yourself around Asheville, the Section 179 tax deduction may be one of the smartest ways to invest in a work-ready vehicle for the 2026 tax year. Our team at Harry's On The Hill, a family-owned dealership serving Western North Carolina since 1923, helps local business owners understand how qualifying GMC trucks, vans and SUVs may fit into their vehicle tax strategy. As the largest CarBravo dealer in Western NC with dedicated commercial and fleet sales, we make it easy to shop with confidence from Asheville to Hendersonville.
The information below is provided for informational purposes only, and you should always consult a qualified tax professional to confirm how Section 179 applies to your specific situation.
2026 Section 179 Tax Deduction Overview & Limits
Section 179 of the IRS tax code lets eligible businesses deduct the purchase price of qualifying equipment, including certain new GMC vehicles, put into service during the tax year. It's designed as a true small-business incentive that rewards companies for investing in the tools and vehicles they need to grow. Review the general guidelines below, then talk with your tax advisor before making a purchase.
- 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)
Which GMC Vehicles Qualify for Section 179?
A vehicle's eligibility for Section 179 depends largely on its Gross Vehicle Weight Rating (GVWR) and how it's used for your business. In general terms, heavier work-oriented vehicles offer more favorable treatment, while lighter passenger vehicles are subject to stricter limits. The chart below outlines how different vehicle categories are treated under current rules.
- 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
Eligible new GMC models may include, but are not limited to:
- Acadia
- Canyon
- Savana Cargo Van
- Savana Passenger Van
- Savana Cutaway
- Sierra 1500
- Sierra HD
- Terrain
- Yukon
- Yukon XL
How Do I Use the Section 179 Tax Incentive?
Taking advantage of Section 179 starts with choosing a qualifying GMC vehicle and placing it into business use before December 31, 2026. You'll generally need to document that the vehicle is used for business purposes more than 50% of the time and that it's titled in your company's name rather than a personal name.
Our GMC finance and fleet team can guide you through selecting an eligible commercial vehicle, though your accountant or tax professional should always confirm the exact deduction you can claim for your business.
Commercial GMC Vehicles for Sale Near Me
When business owners in Asheville and Hendersonville want a dealership that understands commercial needs, they turn to our team. As a family-owned, women-led dealership with four generations of local roots, long-tenured staff and transparent pricing, we've earned our community's trust and know how to match the right work vehicle to the job, from new trucks to quality used GMC models. We also offer dedicated commercial and fleet sales, Spanish-speaking staff on our sales and service teams, and shuttle service within a 12-mile radius to keep your day moving.
Visit us in Asheville or contact our commercial team today to explore qualifying GMC trucks, vans and SUVs and take the next step toward your Section 179 tax strategy before the December 31, 2026 deadline.
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1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.
Harry's On The Hill Section 179 Tax Deduction FAQs
01
Can vehicles be deducted under Section 179?
Yes. Section 179 lets eligible businesses deduct the purchase price of qualifying equipment, including certain GMC trucks, vans and SUVs, put into service during the tax year. The vehicle must be used for business purposes more than 50% of the time and titled in the company's name. Contact our commercial and fleet team to explore qualifying models before the December 31, 2026 deadline.
02
Does Section 179 apply for used car purchases?
Yes. Section 179 applies to new and used equipment, as long as the vehicle is new to the buyer, and the 2026 100% bonus depreciation also covers both. As the largest CarBravo dealer in Western NC, Harry's On The Hill gives Asheville and Hendersonville business owners flexibility whether they buy or lease.
03
Can Section 179 be claimed multiple times?
Section 179 is applied per tax year, so qualifying equipment and vehicles placed into service within that year can be deducted up to the annual limits. For 2026, the vehicle must be purchased and put into use before Dec. 31, 2026, so always confirm your specifics with a qualified tax professional.
04
What is the Section 179 tax deduction limit?
The 2026 Section 179 deduction limit is $2,560,000, available on new and used equipment that is new to the buyer, whether purchased or leased. This content is for informational purposes only, so consult a qualified tax professional about how it applies to your business.
05
What is the 2026 Section 179 spending cap?
The 2026 spending cap is $4,090,000, the maximum that can be spent on equipment before the deduction begins reducing on a dollar-for-dollar basis, with complete phase-out at $6,650,000. The team at Harry's On The Hill in Asheville can help you find a qualifying GMC. Visit us or contact our commercial team today to start your Section 179 strategy.