Section 179 Tax Deductions

As the year draws to a close, business owners from Lawton to Chickasha and Altus are seizing the opportunity to maximize tax benefits before December 31. At SouthWest Buick GMC of Lawton, we’re committed to supporting our local business communities with a lineup of Buick and GMC vehicles that deliver power, performance, and exceptional value. Whether you're expanding your fleet or adding a rugged truck to get the job done, our inventory is built to help your business thrive—on the road and on your balance sheet.

Section 179 Deduction: Optimize Your Tax Benefits

Take advantage of the Section 179 deduction to elevate your business vehicle investment:

• Write off the full purchase price of qualifying vehicles and equipment purchased in the current tax year.
• The 2025 deduction limit is $2,500,000, up from $1,220,000 in 2024.
• Spend up to $4,000,000 on eligible vehicles and equipment to qualify.
• Both new and used vehicles can be eligible for this deduction, provided they are primarily used for business.

Bonus Depreciation: Enhance Your Tax Strategy

Combine Section 179 with bonus depreciation to maximize tax savings:

• 100% bonus depreciation applies to new and used business equipment, including vehicles (after section 179)
• There’s no spending cap for bonus depreciation, allowing greater flexibility in planning.

Qualifying Vehicles for Maximum Tax Savings

Choose the right vehicle to align with your tax goals:

• Heavy-duty trucks and SUVs over 6,000 lbs. GVWR typically qualify for full Section 179 deductions.
• Passenger vehicles under 6,000 lbs. GVWR follow standard depreciation rules.
• Electric vehicles may also qualify for additional tax credits.

Why SouthWest Buick GMC of Lawton is Your Trusted Partner

At SouthWest Buick GMC of Lawton, we serve businesses in Lawton and beyond with personalized solutions. Here’s how we support your success:

• Extensive inventory of vehicles eligible for tax deductions.
• Expert guidance in selecting vehicles that meet your business needs and tax objectives.
• Competitive financing options designed for your cash flow requirements.
• Ongoing support and service to keep your fleet operating at its best.

Maximize Your Tax Savings Today

Take advantage of year-end tax incentives while upgrading your business vehicles. Stop by SouthWest Buick GMC of Lawton to meet with our commercial vehicle specialists and browse a wide selection tailored to your operational needs. Let’s find the right fit to drive your business forward.

We are not legal tax consultants and cannot/do not provide legal tax advice. This page is for informational purposes only. For specific guidance, consult a tax professional.

• https://www.irs.gov/pub/irs-dft/i4562--dft.pdf
• https://www.section179.org/section_179_deduction/