Buick Tax Deduction

PUT FEDERAL TAX DEDUCTIONS AND
CREDIT TO WORK FOR YOU

You could get more tax benefits when you purchase the vehicles that you need. Both large and small businesses may be eligible to immediately deduct up to 100% of the purchase price of qualifying vehicles. Beginning in 2023, businesses that purchase qualifying electric vehicles may qualify for a federal income tax credit of up to $7,500.†

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.

FIRST-YEAR VEHICLE
DEPRECIATION LIMITS FOR 2023

Up To $25,000 Plus Up To 80% Of The Remaining Purchase Price Plus Standard Depreciation Deduction.†

ENCLAVE
ENCLAVE AVENIR

Up To $20,200 †

ENCORE GX
ENVISION
ENVISION AVENIR

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 2023. 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.

BUILD ON YOUR BREAK

Whether you're shopping for a new vehicle for your business or looking for innovative ways to increase productivity, we have you covered. Explore the programs we've developed to keep your business running effectively and efficiently.

Commercial Vehicle Lending Program

The experienced team at GM Financial understands the sophisticated demands and complex financing requirements of today's commercial borrower. Our suite of Commercial Vehicle Lending products is designed to suit your unique business needs.

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The Less-Taxing Way To Do Business

Keep your business running at maximum efficiency with Commercial Link — the simple and easy vehicle management system available through OnStar®.† Receive important reporting and track your vehicles' fuel efficiency, speed, maintenance and more.

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Visit onstar.com for coverage map, details and system limitations. Services vary by model. Service plan required.