Jeff D'Ambrosio Chevrolet

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Commercial Tax Benefits

Make Your Tax Dollars Work for You

You work hard, so why not make your tax deductions work even harder? Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year.

What does this mean for you?

Business owners like yourself may be eligible to write off up to 100% of the purchase price of eligible Chevy vehicles purchased in 2025 for business use.

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What is the deadline for the Section 179 Deduction?

To take the deduction for the 2023 tax year, the qualifying vehicle or equipment must be financed or purchased and put into service by the end of the day on December 31, 2025.

Up to 100% of Purchase Price

(no per-vehicle or aggregate limitation)

  • Express Cargo Van
  • Express Cutaway
  • Express Passenger Van
  • Low Cab Forward
  • Silverado 1500
  • Silverado 2500 HD
  • Silverado 3500 HD
  • Silverado 4500 HD
  • Silverado 5500 HD
  • Silverado 6500 HD
  • Silverado HD Chassis Cabs

Up to $25,000 plus up to 80% of the remaining purchase price

(plus standard depreciation deduction)

  • Blazer
  • Colorado
  • Express Passenger Van
  • Silverado 1500
  • Suburban
  • Tahoe
  • Traverse

Up to $20,200 per vehicle

(no aggregate limitation)

  • Bolt EUV
  • Camaro
  • Colorado
  • Corvette
  • Equinox
  • Malibu
  • Trailblazer
  • Trax
Taxpayers may be entitled to U.S. federal income tax deductions and/or credits for purchases of vehicles that are placed in service in a trade or business during 2023. Determining the proper income tax treatment of any vehicle purchase requires careful consideration of several factors including, but not limited to, the applicable tax laws, regulations and guidelines, the characteristics and attributes of the particular vehicle purchased and the purchaser's income tax situation. 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.

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Jeff D'Ambrosio Chevrolet

2158 Baltimore Pike, Oxford, PA 19363

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Hours

Sales Hours
Monday 9:00AM - 9:00PM
Tuesday 9:00AM - 9:00PM
Wednesday 9:00AM - 9:00PM
Thursday 9:00AM - 9:00PM
Friday 9:00AM - 9:00PM
Saturday 9:00AM - 5:00PM
Sunday Closed
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
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