GMC Tax Deduction
YOU DESERVE A BREAK THIS TAX SEASON
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.†
2023 ELIGIBLE VEHICLES
UP TO 100%
OF PURCHASE PRICE†
Large trucks, cargo vans and 10+ passenger vans - GVWR greater than 6,000 lbs.
- Sierra 1500/2500/3500 - Standard and Long Bed
- Sierra 3500 HD Chassis Cab
- Savana Cargo Van
- Savana Passenger Van (10+ passenger seating only)
- Savana Cutaway
UP TO $25,000
PLUS UP TO 80% OF THE REMAINING PURCHASE PRICE PLUS STANDARD DEPRECIATION DEDUCTION†
Other trucks, passenger vans and SUVs - GVWR greater than 6,000 lbs.
- Sierra 1500 - Short Bed (including Denali)
- Yukon (including Denali)
- Yukon XL (including Denali)
- Acadia (including Denali)
- Canyon
- Savana Passenger Van (all except 10+ passenger seating)
UP TO $20,200
All vehicles - GVWR 6,000 lbs. or less.
- Terrain (including Denali)
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.
GM FINANCIAL 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.
BUSINESS CHOICE OFFERS
Business Choice Offers† provide flexible solutions for your business. With cash allowances on either accessories or upfits,‡ you have more ways to get a deal on the purchase of your new vehicle.
THE LESS TAXING WAY TO RUN YOUR 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.