Section 179 Deduction Countdown
Countdown to New Year’s Eve + Heavy-Duty Savings at Tony Rizza Cadillac
Select Cadillac models with a Gross Vehicle Weight Rating (GVWR) above 6,000 lbs may be eligible for Section 179 accelerated depreciation when used for qualified business purposes.
GVWR 6,000+ Escalade Models
Choose from Escalade and Escalade ESV—including Platinum trims—that may qualify for Section 179 when used primarily for business.
Placed In Service Deadline
Delivery, titling/registration, and insurance should be complete by year-end to claim current-year deductions.
Financing & Quotes
Secure pricing and approvals fast—our team handles business titling and documentation to keep you moving.
Eligible Models (GVWR 6,000+ lbs)
| Brand | Model / Trim | GVWR (lbs) | Status |
|---|---|---|---|
| Cadillac | Escalade | 7,100 | 179-Eligible* |
| Cadillac | Escalade ESV | 7,300 | 179-Eligible* |
| Cadillac | Escalade Platinum | 7,100 | 179-Eligible* |
| Cadillac | Escalade ESV Platinum | 7,300 | 179-Eligible* |
How Section 179 Works for Business Vehicles
Overview
Section 179 is a U.S. tax incentive that may allow businesses to deduct all or part of the purchase price of qualifying vehicles placed in service during the tax year. When a vehicle’s GVWR is above 6,000 lbs, it is treated differently than most passenger cars under depreciation rules, which may enable larger first-year deductions when used primarily for business.
What “placed in service” means
The vehicle isn’t just purchased—it’s ready and available for business use by December 31. For many businesses, that means the vehicle is delivered, titled/registered, insured, and in your possession.
Business-use requirement
The vehicle generally needs to be used for business more than 50% of the time. Keep a mileage log or other records that clearly support your business usage.
Documentation Checklist
- Signed buyer’s order or bill of sale
- Proof of delivery and date placed in service
- Title/registration and insurance documentation
- Business-use mileage log or telematics reports
- Entity information (LLC/Corp/DBA) and EIN (if applicable)
- Talk with your tax professional about IRS Form 4562
Timeline to Maximize the Benefit
- Choose your qualifying model and trim (see list above).
- Secure pricing and financing or leasing approvals.
- Take delivery and place the vehicle in service by Dec 31.
- Keep records of business use and delivery date.
- Discuss your deduction strategy with your tax advisor.
Why Buy from Tony Rizza Cadillac (Tinley Park, IL)
- Commercial-savvy team that understands business titling and fleet needs
- Selection of Escalade and Escalade ESV, including Platinum trims
- Fast financing and leasing options tailored for businesses
- Pickup & delivery options and extended service hours
- Serving Tinley Park, Orland Park, Oak Lawn, and the greater Chicago area
Common Questions
Do leased vehicles count?
It depends on the lease structure and business use—speak with your tax advisor about your specific situation.
Is there a mileage or payload minimum?
No fixed mileage requirement, but you’ll want documentation supporting business usage. Payload/GVWR affects how vehicles are depreciated.
Can I combine Section 179 with bonus depreciation?
Often yes, but rules and limits change. Your tax professional can confirm the best strategy for your entity.
What if I buy on Dec 31?
The vehicle must be placed in service the same day to count for the year—plan ahead for registration and insurance.
*“179-Eligible” is informational only. Eligibility depends on vehicle specifications, business usage, and current tax law. Tony Rizza Cadillac does not provide tax or legal advice. Please consult your tax professional for guidance.