TAKE YOUR TAX DOLLARS TO WORK.
YOU COULD DEDUCT UP TO 100% OF THE PRICE OF A NEW GMC VEHICLE
No detail is too small for you and your business. That’s why the professionals at GMC want you to know about an offer that’s anything but small. Thanks to recently announced tax depreciation laws, your business may be eligible to immediately deduct up to 100% of the purchase price of qualifying new GMC vehicles purchased in 2024 for business use. With these tax depreciation laws in place, it's a great time to add the precise craftsmanship of GMC trucks and SUVs to your small business.
To learn more about current offers, contact your dealer or visit www.gmc.com/tax-deductions.
You May Be Able to Deduct:
UP TO 100% OF THE PURCHASE PRICE Large trucks, cargo vans, and 10+ passenger vans - GVWR2 greater than 6,000 pounds
- Sierra 1500/2500 Heavy Duty/3500 Heavy Duty
- (Standard and Long Bed)
- Sierra 3500 HD Chassis Cab
- Savana Cargo Van
- Savana Passenger Van (12+ passenger seating only)
- Savana Cutaway
UP TO $30,500 PLUS UP TO 60% OF THE REMAINING PURCHASE PRICE PLUS STANDARD DEPRECIATION DEDUCTION Other trucks, passenger vans, and SUVs - GVWR2 greater than 6,000 pounds
- Sierra 1500 — Short Bed (incl. Denali)
- Yukon (incl. Denali)
- Yukon XL (incl. Denali)
- Acadia (incl. Denali)
- Canyon
- Savana Passenger Van (all except 12+ passenger
seating)
UP TO $20,400 All vehicles - GVWR2 of 6,000 pounds or less
- Terrain (including Denali)
PLUG INTO AN EV TAX CREDIT
Individuals, businesses, and tax-exempt organizations that purchase a qualifying electric vehicle may qualify for a federal Clean Vehicle or Commercial Clean Vehicle income tax credit of up to $7,500 for vehicles placed in service in a trade or business during 2024.
Model | Model Year | Maximum Credit |
---|---|---|
HUMMER EV SUV | 2023-2025 | $7,500 |
HUMMER EV Pickup | 2023-2025 | $7,500 |
Sierra EV (Denali Edition 1) | 2023-2025 | $7,500 |
Shop Commercial Inventory