Section 179 and Car Loan Interest Tax Savings in Show Low, AZ
Tax Savings on Your Next Chevrolet, GMC or Cadillac
Adding a work truck to your business or financing a new SUV for your family?
Your next vehicle could help at tax time. Here's a simple guide to the Section 179 and car loan interest deductions, plus an Arizona perk for trade-ins. Then talk with your tax advisor about what fits your needs.
For Business Owners
For Families and Personal Buyers
Horne Auto Center does not provide tax advice. Please consult a qualified tax professional before making a purchase decision.
Watch: Year-End Tax Savings Explained
Section 179 Vehicle Deduction for White Mountains Businesses
Running a business in the White Mountains keeps you busy, and the right truck, van or SUV helps keep things moving. Normally, a business writes off a vehicle gradually over several years. The Section 179 deduction may let you deduct much of that cost in the first year instead.
Why Vehicle Weight Matters
The size of the deduction often depends on a vehicle's gross vehicle weight rating, or GVWR. Many full-size trucks, heavy-duty pickups and large SUVs fall into a higher weight class with more room to deduct. Our team can show you the GVWR on any vehicle you're considering so you have it ready for your tax advisor.
What to Know About Section 179
- The vehicle needs to be used for business more than half the time
- It must be purchased, not leased
- Heavier trucks and SUVs often qualify for a larger first-year write-off
- It can also be paired with bonus depreciation for added savings
- Both new and pre-owned vehicles can qualify, as long as the vehicle is new to your business
- It must be purchased and placed in service by December 31 to count for this tax year
Vehicles That May Qualify for Section 179 at Horne
Full-size trucks, vans and large SUVs are often the strongest fit for the Section 179 deduction. Here are a few popular models at Horne worth a look.
This list isn't complete, and weight ratings can vary by trim and configuration. Ask our team about the specific vehicle you have in mind.
What to Know About the Car Loan Interest Deduction
- Applies to financed purchases of new vehicles with final assembly in the United States
- Available with either itemized or standard deductions
- Income limits apply
- Offered through the 2028 tax year
Car Loan Interest Deduction for Families and Personal Buyers
If a new vehicle has been on your mind, here's some good news. Buyers who finance a qualifying new vehicle for personal use may be able to deduct the interest on that loan when they file their federal tax return.
Where Was Your Vehicle Built?
Final assembly location can vary from one vehicle to the next, even within the same model. That's why we look at the VIN. Our team is happy to show you where any new vehicle on our lot was assembled, so you can share it with your tax advisor.
A VIN that starts with 1, 4 or 5 means the vehicle was built in the U.S. You can also check any VIN with the NHTSA VIN Decoder.
Trading In? One More Way to Save
In Arizona, sales tax on your purchase is figured after your trade-in value is subtracted. That means a trade can lower the tax you pay at the dealership, for business and personal purchases alike, any time of year.
How to Take Advantage of Vehicle Tax Savings
- Talk with your tax advisor. Every tax return is a little different, so start by finding out which deduction fits you.
- Find the right vehicle. Browse our inventory online or stop by our Show Low lot to see what's available.
- Get the details you need. We can show you the weight rating and, by VIN, where a new vehicle was assembled.
- Explore financing. Our finance team can walk you through options for your purchase.
- Keep your paperwork. Hold on to your purchase documents for tax time, and track business use if it's a work vehicle.
Shop Your Next Vehicle at Horne Auto Center in Show Low
From work trucks for the job site to SUVs for weekends in the mountains, our Show Low team is here to help you find the right one. Once you've talked with your tax advisor, stop by and we'll walk the lot with you. We'll pull up the weight rating and build details you'll want for tax time, too. Our team will always look out for you like family, and that includes helping you find every way to save. That's what makes Horne your Chevy GMC Cadillac store that saves you more.
Vehicle Tax Savings FAQs
Can I deduct a vehicle under Section 179?
You may be able to if the vehicle is purchased for your business, used for business more than half the time and placed in service by December 31. Your tax advisor can tell you how much of the vehicle's cost you may be able to deduct.
What vehicles qualify for Section 179?
Vehicles bought for business and used for work more than half the time may qualify. Full-size trucks, vans and large SUVs often have the most room to deduct because of their higher weight ratings.
Does Section 179 apply to used vehicles?
Yes. Pre-owned vehicles can qualify, as long as the vehicle is new to your business.
Is car loan interest tax deductible?
For many buyers, yes. Interest on a loan for a qualifying new, U.S.-assembled vehicle bought for personal use may be deductible through the 2028 tax year. Income limits apply.
Do I have to itemize to deduct my auto loan interest?
No. You can take it with either itemized or standard deductions.
How do I know where a vehicle was assembled?
Assembly location is tied to each vehicle's VIN. Our team can show you where any new vehicle on our lot was built.
Does a trade-in lower my sales tax in Arizona?
Yes. Arizona figures sales tax after your trade-in value is subtracted from the purchase price.
Can Horne Auto Center tell me how much I'll save?
Your tax advisor is the best person to estimate your savings, since we can't give tax advice. Once you know which deduction applies, we can share vehicle details like the weight rating and where it was built.
Last updated: November 2026
Horne Auto Center does not provide tax, legal or accounting advice. Eligibility for any deduction depends on your individual circumstances. Please consult a qualified tax professional before making a purchase decision. Tax rules are subject to change; information on this page was current as of publishing.