Section 179 Tax Deduction 2026 at Heller Ford Sales
Small business owners and self-employed drivers have a powerful reason to consider a new work vehicle before year-end, and our team at Heller Ford Sales near Peoria is here to help you understand it. The Section 179 tax deduction allows qualifying businesses to deduct the purchase of eligible vehicles and equipment placed into service during the tax year. With more than 60 years of business behind us and a reputation as the highest-volume Ford F-Series truck dealer in the state of Illinois, we know how to match hard-working business owners with the right vehicle.
Understanding the Section 179 Tax Deduction for 2026
Section 179 is a true small-business incentive designed to help companies invest in the vehicles and equipment they need to grow. The deduction applies to qualifying new and used Ford purchases, but eligibility depends on how the vehicle is used and how it's titled. Here's a quick look at the key figures and requirements for the 2026 tax year.
2026 Section 179 Deduction Highlights
2026 Deduction Limit: $2,560,0001
- Good on new and used equipment (as long as new to the buyer)
- Purchased or leased
2026 Spending Cap: $4,090,0001 -- This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar-for-dollar basis (making it a true small-business incentive)
- Deduction begins to be reduced on a dollar-for-dollar basis -- this cap is what makes it a "small business tax incentive"
- Complete phase-out at $6,650,000
2026 Bonus Depreciation: 100%1
- Defined as: a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets
- Generally taken after the Spending Cap is reached
- Applies to new and used
- Must be purchased and put into use before Dec. 31, 20261
- Must be used for business purposes more than 50% of the time
- Must be titled in the company's name (not the company's owner's name)
Qualifying Vehicle Weight Classes
Deduction treatment depends heavily on a vehicle's Gross Vehicle Weight Rating, so heavier trucks and vans generally offer the most favorable tax treatment. The chart below outlines how different vehicle classes are treated under Section 179.
- New & Used Vocational Trucks and Vans | Full Section 179 deduction available1
- Heavy SUVs & Trucks (Over 6,000 lbs. GVW) (excludes some pickups/vans) | $32,000 maximum Section 1791
- Cars, Light Trucks & SUVs (Under 6,000 lbs.) | Subject to IRS "luxury auto" depreciation limits (Section 280F)1
Why Business Owners Choose Heller Ford
The Heller Experience is our commitment to outstanding customer service, and it's earned us the Ford President's Award for six straight years. We simplify the process of purchasing a new or used car for sale and enforce a hassle-free price strategy, so you'll never feel pressured. Corporate partners can even ask about special "X Plan" pricing on all new Ford vehicles by calling us at (309) 527-6050.
Find a Qualifying Work Vehicle at Heller Ford Sales
Whether you need a rugged Super Duty® pickup or a versatile commercial van, our huge inventory gives business owners plenty of options to find a vehicle that fits both the job and the timeline. There's still time to purchase and place a qualifying vehicle into service before the December 31, 2026, deadline, so don't wait to explore your options. Visit us at 700 W. Main St. in El Paso, or contact our team to schedule your test-drive today.
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1 This content is for informational purposes only and does not constitute tax, legal or financial advice. Section 179 figures, limits and eligibility requirements are subject to change by legislation. Please consult a qualified tax professional to determine how Section 179 applies to your specific situation.
Heller Ford Sales Section 179 FAQs
01
Can vehicles be deducted under Section 179?
Yes, many business vehicles qualify for the Section 179 tax deduction, provided they are used for business purposes more than 50% of the time and titled in the company's name. Eligibility and deduction amounts vary based on the vehicle's Gross Vehicle Weight Rating (GVWR), so heavier trucks and vans typically offer the most favorable treatment. Our team carries a wide selection of Ford trucks and commercial vehicles in El Paso that may qualify. Contact us or consult a tax professional to learn more.
02
Does Section 179 apply for used car purchases?
Section 179 can apply to used cars for sale as well as new ones, as long as the vehicle is new to the buyer and meets the business-use and GVWR requirements. We stock a large inventory of used Ford vehicles and vehicles from other makes, giving business owners flexible finance options near Peoria when shopping for a qualifying work vehicle.
03
Can Section 179 be claimed multiple times?
Yes, Section 179 can be claimed in multiple tax years, as long as the business purchases and places qualifying equipment or vehicles into service each year before the December 31 deadline. Each year's deduction is subject to that year's annual spending cap and deduction limit, so business owners should plan purchases accordingly and consult a qualified tax professional for guidance specific to their situation.
04
What is the Section 179 tax deduction limit?
For tax year 2026, the Section 179 deduction limit is $2,560,000, applying to new and used equipment that is purchased or leased and placed into service before December 31, 2026. The exact benefit your business can claim depends on total equipment spending, vehicle weight class and business-use percentage.
05
What is the 2026 Section 179 spending cap?
The 2026 Section 179 spending cap is $4,090,000, meaning businesses that spend more than this amount on qualifying equipment will see their available deduction reduced on a dollar-for-dollar basis, making it a true small-business incentive. If you're a business owner looking to take advantage of this benefit, visit us to explore our inventory of qualifying Ford trucks and commercial vehicles near Peoria before the year-end deadline.
