SECTION 179 TAX SAVINGS ON COMMERICAL VEHICLES AR
Put Your Arkansas Tax Deductions to Work for You
Your work vehicle purchase could get you more tax benefits in Wynne, AR. Large and small businesses could be eligible to deduct up to 100 percent of the price of qualifying vehicles. Businesses that buy qualifying electric vehicles may qualify for a federal tax credit of up to $7,500.
 Eligible Vehicles for Sale in West Memphis
There are three classes for eligibility: those with a possible 100 percent deduction, those with up to $30,500, and those with a deduction up to $20,400.
100 Percent Deductions
- Sierra 1500/2500/3500 pickups with standard or long beds
- Sierra chassis cab trucks
- Savana cargo van
- Savana passenger vans with seating for 10 or more
- Savana cutaway vans
Up to $30,500 Deductions in England, AR
- Sierra 1500 short bed trucks, including Denali
- Yukon, including Denali
- Yukon XL, including Denali
- Arcadia, including Denali
- Canyon
- Savana passenger vans with seating for less than 10
Up to $20,400 deductions in North Little Rock, AR
- Terrain, including Denali
Eligible Electric Vehicles
EVs purchased by individuals, businesses, and tax-exempt organizations in Jonesboro can apply for a tax credit of up to $7,500 for the following GMC vehicles: GMC Hummer EV SUV and pickups model year 2023-2025. GMC Sierra EV model years 2024-2025.
Contact Your Accountant
Your best source is probably your tax accountant in Memphis or attorney from Forrest City if you have any questions. While our Finance Center can help with what vehicles are eligible, they cannot offer tax advice. We want you to know you could reduce your tax obligation this year by writing off your equipment purchases.
Browse Our Commercial Inventory
If you want a commercial vehicle that qualifies for Section 179 Tax Savings, visit Heartland Chevrolet GMC. Our sales consultants can help you find the perfect vehicle for your business to acquire to take advantage of these tax savings. Visit Heartland Chevrolet GMC today to schedule a time to browse our inventory and test-dive your next work truck or van.
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Heartland Chevrolet GMC
2190 US Highway 165 W
England, AR 72046
- Sales: (501) 222-7139
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