In recent years, tax laws were revised to benefit businesses large and small, which means companies of every size have an opportunity to save.
Under current tax depreciation laws, your business may be eligible to immediately deduct up to 100% of the purchase price of an unlimited number of qualifying new Chevrolet, Buick, GMC vehicles purchased for business use.
Federal tax depreciation deductions are only available for vehicles used in a trade or business, and are subject to change without notice.Each taxpayer’s tax situation is unique—please consult your tax advisor to determine your business’s vehicle depreciation deduction. For more information, visit irs.gov. This advertisement is for informational purposes only, and should not be construed as tax advice, or as a promise of the availability or amount of any potential tax benefit or reduced tax liability.
UP TO $19,200 PER VEHICLE
Passenger automobiles as defined in the Internal Revenue Code (including sport utility vehicles, trucks and crossovers with a GVWR up to 6,000 lbs.) and placed in service qualify for immediate
depreciation deductions of up to $19,200 per vehicle
Chevrolet Bolt EV
Chevrolet Bolt EUV
Chevrolet Trax
Chevrolet Trailblazer
Chevrolet Equinox
Chevrolet Spark
Chevrolet Malibu
Chevrolet Camaro
Chevrolet Corvette
Chevrolet Colorado
(except 4WD w/ 2.8L diesel)
Buick Encore
Buick Encore GX
Buick Envision
GMC Terrain
GMC Terrain Denali
GMC Canyon
(except 4WD w/ 2.8L diesel)
SEE DETAILS