2025 TAX DEDUCTIONS

PUT FEDERAL TAX DEDUCTIONS 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 price1 of qualifying vehicles.

2025 ELIGIBLE VEHICLES

UP TO 100%
OF PURCHASE PRICE1
(179 Expensing)

Large trucks, Cargo Vans and 10+ Passenger Vans - GVWR2 greater than 6,000 lbs.

  • Sierra 1500/2500/3500 - Standard and Long Bed
  • Sierra 3500 HD Chassis Cab
  • Savanna Cargo Van
  • Savana Passenger Van (10+ passenger seating only)
  • Savana Cutaway

UP TO 100%
OF PURCHASE PRICE1
(Partial 179 Expensing & Bonus Depreciation)

Other Trucks, Passenger Vans and SUVs - GVWR2 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 - GVWR2 6,000 lbs. or less.

  • Terrain (including Denali)

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.

1Taxpayers 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.

2When properly equipped; includes weight of vehicle, passengers, cargo and equipment.

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.
When properly equipped; includes weight of vehicle, passengers, cargo and equipment.