Tax Deductions

Tax Deductions for You at Gilbert Chevrolet!

We want Okeechobee, FL business owners to save on their work vehicles. By purchasing a work vehicle from Gilbert Chevrolet, Okeechobee businesses can receive major tax deductions under new tax depreciation laws.

Gilbert Chevrolet can help find your perfect business vehicle and line you up with Chevy models allowing you to write off taxes for your purchase. Shop Gilbert Chevrolet in Okeechobee, FL for your next business vehicle. We take care of y'all with tax deductions to help your business and our Okeechobee community thrive.

How Section 179 Tax Deductions Work for Your Chevrolet Business Vehicle Purchase in Okeechobee

Did you know that you can immediately write off up to 100 percent of the purchase price of eligible Chevrolet vehicles? At Gilbert Chevrolet, we make this possible!

Instead of capitalizing and depreciating the asset over a period of time, Section 179 of the U.S. internal revenue code allows for the immediate expense deduction that business owners can take for purchases of depreciable business vehicles. If the vehicle is financed or purchased and the purchase price's full amount is eligible for the deduction, you can take advantage of this tax depreciation law.

Okeechobee business owners can purchase any of the following vehicles, which are eligible for the tax depreciation limits up to 100 percent of the purchase price:

  • Chevrolet Silverado 1500
  • Chevrolet Silverado 2500 HD
  • Chevrolet Silverado 3500 HD
  • Chevrolet Silverado HD Chassis Cabs
  • Chevrolet Express Cargo Van
  • Chevrolet Express Cutaway
  • Chevrolet Express Passenger Van
  • Chevrolet Low Cab Forward
  • Chevrolet Suburban
  • Chevrolet Tahoe
  • Chevrolet Traverse
  • Chevrolet Blazer
  • Chevrolet Colorado

Additional commercial vehicles, work trucks, or other Chevrolet vehicles intended for business use may also be eligible for up to $18,100 work of tax write-offs. Contact the Gilbert Chevrolet sales team with a call or click to learn more about our Chevy business vehicles and which models are eligible for these tax incentives.

Why Okeechobee Businesses Should Shop Gilbert Chevrolet & Take Advantage of These Tax Deductions

This system allows Okeechobee business to lower their current-year tax liability rather than capitalizing an asset and having it depreciate over time in future tax years.

If Okeechobee businesses buy a $65,000 work truck or eligible commercial vehicle used entirely for business purposes, Section 179 allows the company to write off the $65,000 or that full amount in the current tax year, rather than it depreciating by 10 percent or more over each of the next five years.

Reach out to our Gilbert Fleet & Commercial Team

When you are ready to purchase your next work trucks, reach out to our Gilbert Fleet & Commercial team. Whether your business owns 2 vehicles or a fleet of 300 vehicles, our Fleet & Commercial team's focus is to give our customers an effortless experience when purchasing; let our team do the work for you! Our customers come in to purchase a vehicle and we know that it's often bid out to more than one dealer. For that reason, we give our best number from the start. We will then locate or build a truck based on your needs, assist you with all necessary paperwork, and then deliver it to your door with a smile!

We want Okeechobee, FL businesses to shop with Gilbert Chevrolet for their next work vehicle. We have the selection and great prices to pair you with the model that matches your business' needs!

How Can We Help?

  1. Gilbert Chevrolet

    3550 US Highway 441 S
    Okeechobee, FL 34974

    • Sales: (863) 594-2083
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  • Contact our Sales Department at: (863) 594-2083
  • Monday8:30 am - 7:00 pm
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