As 2025 draws to a close, savvy business owners are seeking ways to minimize taxable income, maintain cash flow, and lay the groundwork for a stronger start in 2026. If you’re considering a medium- or heavy-duty service or lube truck, this is your window of opportunity. Thanks to new tax incentives and looming cost increases, the final weeks of 2025 could be the most financially rewarding time to buy a Summit truck. Below, we break down the major advantages from 100% write-offs to pre-tariff pricing that make acting now a strategic move for your business.
Turn a Truck Purchase into a 2025 Tax Break
Unlock Instant Savings with Section 179 Expensing
Section 179 allows you to deduct the full purchase price of qualifying equipment in the year it’s placed in service, eliminating the need to wait years to recover costs through depreciation.
Under the One Big Beautiful Bill Act (OBBBA), these benefits are more generous than ever:
- Higher Limits: Expense up to $2.5 million in 2025.
- Wider Eligibility: Trucks over 6,000 lbs GVWR qualify for full expensing.
- Used or New: Applies to both new and pre-owned vehicles.
A $225,000 service truck could reduce your 2025 tax bill by approximately $45,000 to $50,000, depending on your business structure and tax rate.
For most Summit customers, that means every qualifying truck purchased and placed in service by year’s end can be fully expensed this tax season.
Combine Section 179 with 100% Bonus Depreciation
Double Down on Tax Benefits
The OBBBA permanently restored 100% bonus depreciation, allowing you to deduct the entire cost of new or used equipment the year it’s placed in service.
You can also combine both methods:
- Apply Section 179 to reach your spending limit.
- Use 100% bonus depreciation for the remaining cost.
The result? Virtually every dollar you invest in a Summit service or lube truck can be deducted in 2025. Fail to act before December 31, and you’ll have to wait another year to realize those savings.
Timing Is Everything: Why Acting Before December 31 Matters
Claim 2025 Deductions While They Count
If your business had a profitable year, these incentives can significantly offset your tax liability. But the clock is ticking, your truck must be delivered and operational by December 31 to qualify as “placed in service.”
To make the most of the opportunity:
- Review income projections: A strong year means a higher potential for tax savings.
- Work with your accountant: Optimize your use of Section 179 and bonus depreciation.
- Move quickly: Inventory available today may not be here by mid-December.
The key takeaway? Every day you delay reduces the likelihood of capturing these 2025 tax advantages.
Buying Beats Leasing and Here’s Why
Own It, Expense It, and Keep the Savings
Leasing typically limits you to deducting payments over time. Buying or financing a truck gives you ownership and the ability to take the full deduction now, even if you spread payments over several years.
That combination of ownership and immediate expensing is the cash-flow sweet spot.
If you want to maximize the tax incentives of 2025, purchasing is the smarter move.
Beat Rising Costs with Pre-Tariff Pricing
Protect Your Budget Before Prices Jump
A 25% tariff on imported medium- and heavy-duty trucks and key components took effect this fall, and analysts predict a 5–10% increase in overall truck prices by early 2026.
Buying now allows you to:
- Lock in pre-tariff pricing before suppliers adjust.
- Avoid inflationary cost pressures on steel, aluminum, and parts.
- Preserve Summit’s current in-stock pricing for chassis and builds already secured.
Even U.S.-branded trucks use global components affected by these tariffs. Acting now helps you sidestep those increases while benefiting from the expanded tax incentives in 2025.
More Wins for Acting Before Year-End
Stack the Advantages
When you buy before the year closes, you also benefit from:
- Year-End Incentives: Dealers and manufacturers often offer seasonal pricing or financing deals.
- Favorable Interest Deductions: The OBBBA improved business loan deductibility, making financing more attractive.
- Immediate Productivity: Every day your new Summit truck is working is another day it’s paying for itself.
The Perfect Storm of Savings
The stars have aligned in late 2025 for service truck buyers.
Generous, permanent tax incentives allow you to expense nearly the entire cost of your truck this year, while tariff-driven cost increases make it smart to act before prices rise.
By purchasing now, you position your business for:
- Lower tax liability for 2025
- Lower acquisition cost overall
- Earlier productivity and ROI in 2026
If you’re considering a Summit crane service truck or lube truck, the timing couldn’t be better.
Taking delivery before December 31 could mean tens of thousands of dollars in combined tax and cost savings.
Ready to Take Advantage?
Consult your tax advisor to confirm eligibility and ensure your truck is “placed in service” before year-end. Don’t wait; the clock and the savings are both counting down.