GMC Section 179 Tax Deduction Near Jackson, MS
When you run a small- or medium-sized business, making every last dollar count is crucial. That's why our GMC dealership near Jackson is happy to offer local hard workers like you the Section 179 tax incentive on a huge array of our vehicles. From HD GMC trucks to cargo vans and electric vehicles, our inventory has something for every business purpose. And with the Section 179 tax deduction, you can write off either a partial percentage or the entire purchase price of eligible vehicles from your company's annual taxes.1
Don't wait too long -- the purchase must be completed and the vehicle placed into service no later than December 31, 2024.1 Get ahead of the game now by viewing our selection of work trucks, fleet vans and more!
Shop New2024 Section 179 Tax Deduction Figures & Limits
Expand your business fleet for a lower cost by taking advantage of the 2024 Section 179 tax incentive in Mississippi. This exclusive tax code allows eligible businesses to write off the purchase prices of qualifying, business-use vehicles from their company's taxes. The deduction limit, spending cap and bonus depreciation for this year include:
Don't forget -- you must purchase the vehicle and place it into service no later than December 31, 2024, to be eligible for this year's deduction.1 Let our GMC finance team know if you have any questions!
Which GMC Models Qualify for Section 179?
You'll be pleased to know that a wide assortment of new GMC vehicles in laurel are eligible for Section 179 in 2024. Pay attention to the deduction limits below, which are based on vehicle weight and other specific criteria:
Up to 100% of Purchase Price1
- GMC Sierra 1500/2500/3500 - Standard & Long Bed
- GMC Sierra 3500 HD Chassis Cab
- GMC Savana Cargo Van
- GMC Savana Passenger Van (10+ passenger seating only)
- GMC Savana Cutaway
Up to $25,000
(Plus up to 80% of the remaining purchase price plus standard depreciation deduction)1
- GMC Sierra 1500 - Short Bed
- GMC Yukon
- GMC Yukon XL
- GMC Acadia
- HUMMER EV Pickup
- HUMMER EV SUV
- GMC Canyon
- GMC Savana Passenger Van (all except 10+ passenger seating)
GMC Commercial Vehicles Near Me
If you have questions about our work van inventory or Section 179 qualifications and requirements, contact Legacy GMC of Laurel. We want to see your business grow and prosper, and the best way to do that is by claiming the Section 179 tax deduction near Jackson before it's too late!
1 Information accurate as of publishing date. Please consult https://www.section179.org for the most up-to-date details.
Legacy GMC of Laurel
2820 hwy 15 north, laurel, MS 39440
Contact UsHours
| Monday | 9:00AM - 7:00PM |
| Tuesday | 9:00AM - 7:00PM |
| Wednesday | 9:00AM - 7:00PM |
| Thursday | 9:00AM - 7:00PM |
| Friday | 9:00AM - 7:00PM |
| Saturday | 9:00AM - 6:00PM |
| Sunday | Closed |
| Monday | 8:00AM - 5:00PM |
| Tuesday | 8:00AM - 5:00PM |
| Wednesday | 8:00AM - 5:00PM |
| Thursday | 8:00AM - 5:00PM |
| Friday | 8:00AM - 5:00PM |
| Saturday | Closed |
| Sunday | Closed |
| Monday | 8:00AM - 5:00PM |
| Tuesday | 8:00AM - 5:00PM |
| Wednesday | 8:00AM - 5:00PM |
| Thursday | 8:00AM - 5:00PM |
| Friday | 8:00AM - 5:00PM |
| Saturday | Closed |
| Sunday | Closed |