2024 Section 179 Limits Vehicles List. Learn which types of cars, vans, and light trucks qualify for the section 179 tax deduction. In contrast, bonus depreciation is limited to 80 percent for 2023 (60 percent for 2024).
Autos with unloaded gross vehicle weight (gvw) of more than 6,000 lbs. This guide explains how you can leverage section 179 to deduct the cost of qualifying vehicles, potentially saving thousands on your taxes.