Considering upgrading your fleet with a new medium-duty, heavy-duty, or vocational truck? Before the year comes to a close, two opportunities could make now the right time to invest. Qualifying businesses may be able to take advantage of the 2026 Section 179 Tax Deduction on eligible commercial trucks. Plus, customers financing an eligible new Peterbilt through PACCAR Financial can choose from special payment options available through December 31, 2026.
What Is Section 179?
Section 179 of the IRS tax code allows businesses to deduct the cost of qualifying equipment in the year it is placed in service rather than depreciating the asset over several years.
For 2026, businesses can deduct up to $2.56 million in qualifying purchases under Section 179, subject to applicable limits and requirements. Certain specialized, non-passenger commercial vehicles may qualify for the full deduction.
To take full advantage of Section 179, make sure your purchase meets these criteria:
- GVWR over 6,000 lbs. (Most medium and heavy-duty trucks qualify).
- Business Use: The vehicle must be used more than 50% for business.
- Deadline: The truck must be purchased, delivered, and placed in service by December 31, 2025.
- Documentation: Keep records of purchase, installation, and business use to support your deduction claim.
Because eligibility can vary by vehicle and individual tax situation, always consult with a qualified tax professional to determine how Section 179 applies to your business.
More Flexibility with PACCAR Financial
Section 179 isn't the only reason to consider adding a new Peterbilt before year-end. From October 1 through December 31, 2026, qualified U.S. customers financing eligible new Class 8, Medium Duty, and Vocational Peterbilt trucks through PACCAR Financial can receive 90 days to their first payment. A TQI score of 75-B or better is required.
The program applies to eligible new retail contracts and TRAC leases, with a maximum term of 72 months. Additional eligibility, credit, and program requirements apply.
Two Opportunities. One Year-End Investment.
Together, Section 179 and the PACCAR Financial program give qualifying businesses an opportunity to approach a new-truck investment from both sides.
Section 179 may help maximize potential 2026 tax savings, while PACCAR Financials' special payment options can provide greater flexibility at the beginning of the financing term. That means there may be even more reason to put a new Peterbilt to work before the end of the year.
Plan Ahead
December 31 will be here before you know it. If you're considering adding to your fleet or replacing an older truck, now is the time to start exploring your options. Browse Ohio Peterbilt's new truck inventory to find available medium-duty, heavy-duty, and vocational trucks that fit your operation.
You can also use the Section 179 Tax Deduction Calculator to help estimate potential tax savings. The calculator and information provided are for informational purposes only and should not be considered tax advice. Consult with a qualified tax professional regarding Section 179 and your specific business.
Make Your Move Before Year-End
Investing in your fleet can increase capacity, replace aging equipment, and position your business for the year ahead. With potential Section 179 tax advantages and special PACCAR Financial payment options, qualifying businesses have even more incentive to make their move before December 31.
Explore our available truck inventory or contact your nearest Ohio Peterbilt location to get started.