TAKE YOUR TAX DOLLARS TO WORK.

2024 GMC 1500

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

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Disclaimers: 1 Taxpayers may be entitled to U.S. federal income tax deductions and/or credits for purchases of vehicles that are placed in service in a trade or business during 2024. Determining the proper income tax treatment of any vehicle purchase requires careful consideration
of several factors including, but not limited to, the applicable tax laws, regulations and guidelines, characteristics and attributes of the particular vehicle purchased and the purchaser’s income tax situation. Each purchaser’s tax situation is unique and the available tax
benefits and the applicable federal tax laws, regulations and guidelines are subject to change without notice. Therefore, customers must consult their tax advisor to determine the proper tax treatment of any vehicle purchase(s). For more information, visit www.irs.gov.
This advertisement is for informational purposes only and should not be construed as tax advice or as a promise of availability or amount of any potential tax benefit or reduced tax liability. 2 When properly equipped; includes weight of vehicle, passengers, cargo and
equipment. 3 Individuals, businesses and tax-exempt organizations that purchase a qualifying electric vehicle for use in a trade or business may qualify for a federal Qualified Commercial Clean Vehicle income tax credit of up to $7,500. For more information, visit
https://www.irs.gov/credits-deductions/commercial-clean-vehicle-credit. Individuals who purchase a qualifying electric vehicle for non-business use may qualify for a federal Clean Vehicle income tax credit of up to $7,500, subject to additional restrictions. For more
information, visit https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after. Consult your tax advisor to determine the proper tax treatment of any vehicle purchase(s) including, without limitation, which vehicles qualify, the
amount of the available credit, how to claim the credit, how claiming a credit may impact other tax deductions and/or tax credits and for additional restrictions and limitations. Clean Vehicle and Commercial Clean Vehicles tax credit amounts, eligibility requirements and
other requirements, restrictions and limitations are subject to change without notice.

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Jim Ellis Buick GMC Mall Of Georgia 34.08066, -83.98696.