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 2024, businesses that purchase qualifying electric vehicles may qualify for a federal income tax credit of up to $7,500.*

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2024 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 $30,500

PLUS UP TO 60% 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 $20,400

All vehicles - GVWR 6,000 lbs. or less.

  • Terrain (including Denali) 

FEDERAL INCOME TAX CREDITS FOR

ELECTRIC VEHICLES

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.

MAKE/MODELMODEL YEAR(S)MAXIMUM CREDIT
GMC HUMMER EV SUV2023-2025$7,500
GMC HUMMER EV Pickup2023-2025$7,500
GMC Sierra EV (Denali Edition 1) 2024$7,500
GMC Sierra EV2025$7,500

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.

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.

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GMC TAX DEDUCTION

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