Hey all, just an FYI for those of you who do your own taxes. No matter what the internet says, the Ascent is absolutely not eligible for the Section 179 IRS deduction. There's even a lot of accountants, and the others are definitely wrong. The weight range for the deduction is definitely 6,001 to 14,000 pounds, inclusive.
You will note that coincides with US Department of Transportation's Federal Highway Administration's Class 2 (6,001-10,000 inclusive) and Class 3 (10,001 to 14,000 inclusive) vehicle designations.
The Ascent is most definitely a Class 1 vehicle, in all configurations, regardless of any options or accessories. It always has an exact GVWR of 6,000 pounds, even if you add a thousand pounds of options and accessories. There is no way of adding that one pound of GVWR without doing a vehicle modification requiring a vehicle class change and then getting that certified by whatever agency your state requires and getting that certification filed with your state's motor vehicle department. That's not happening.
This is directly from the IRS, publication 946, page 20 (link below):
Sorry to be the bearer of bad news. :crying:
You will note that coincides with US Department of Transportation's Federal Highway Administration's Class 2 (6,001-10,000 inclusive) and Class 3 (10,001 to 14,000 inclusive) vehicle designations.
The Ascent is most definitely a Class 1 vehicle, in all configurations, regardless of any options or accessories. It always has an exact GVWR of 6,000 pounds, even if you add a thousand pounds of options and accessories. There is no way of adding that one pound of GVWR without doing a vehicle modification requiring a vehicle class change and then getting that certified by whatever agency your state requires and getting that certification filed with your state's motor vehicle department. That's not happening.
This is directly from the IRS, publication 946, page 20 (link below):
Sorry to be the bearer of bad news. :crying: