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You Deserve a Break this tax season

    TAX DEDUCTIONS
    YOUR TAX DOLLARS AT WORK

    Immediately write off up to 100% of the purchase price of eligible Buick and GMC vehicles!1 Now, under new tax depreciation laws, your business may be eligible to immediately deduct up to 100% of the purchase price of an unlimited number of qualifying Buick and GMC vehicles purchased in 2022 for business use.

    In recent years, tax laws were revised to benefit businesses large and small, which means companies of every size have an opportunity to save. Under current tax depreciation laws, your business may be eligible to immediately deduct up to 100% of the purchase price of an unlimited number of qualifying Chevrolet, Buick, GMC and Cadillac vehicles purchased in 2022 for business use.

    Federal tax depreciation deductions are only available for vehicles used in a trade or business, and are subject to change without notice. Each taxpayer’s tax situation is unique—please consult your tax advisor to determine your business’s vehicle depreciation deduction. For more information, visit irs.gov. This advertisement is for informational purposes only, and should not be construed as tax advice, or as a promise of the availability or amount of any potential tax benefit or reduced tax liability.


      FIRST YEAR VEHICLE DEPRECIATION LIMITS FOR 2022

      Up to $19,200 per vehicle
      (No aggregate limitation)2

      Buicks:
      Encore
      Encore GX
      Envision (inc. Avenir)

      GMCs:
      Terrain (inc. Denali)
      Canyon (except 4WD w/ 2.8 diesel)

        UP TO 100% OF PURCHASE PRICE
        (No per-vehicle or aggregate limitation)3

        Buicks:
        Enclave (inc. Avenir)

        GMCs:
        HUMMER EV
        Acadia
        Acadia Denali
        Yukon
        Yukon Denali
        Yukon XL
        Yukon XL Denali
        Canyon (4WD w/ 2.8L diesel only)
        Sierra 1500 (Short Box)
        Sierra 1500 Denali (ShortBox)
        Sierra 1500 (Standard & Long Box)
        Sierra 1500 Denali (Standard & Long Box)
        Sierra 2500 HD (Standard & Long Box)
        Sierra 2500 HD Denali
        (Standard & Long Box)
        Sierra 3500 HD Chassis Cab
        Savana Cargo Van
        Savana Cutaway
        Savana Passenger Van


              For information, please visit:
               http://www.GMC.com/tax-deductions
              or
               https://www.Buick.com/tax-deductions
          1. Federal tax benefits are available for vehicles acquired for use in the active conduct of trade or business and may change or be eliminated at any time without notice. Each taxpayer’s tax situation is unique; therefore, please consult your tax professional to confirm available vehicle depreciation deductions and tax benefits. For more information, visit 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. Passenger automobiles as defined in the Internal Revenue Code (including sport utility vehicles, trucks and crossovers with a GVWR up to 6,000 lbs.) and placed in service during 2022 qualify for immediate depreciation deductions of up to $19,200 per vehicle. Trucks, vans and sport utility vehicles as defined in the Internal Revenue Code with a GVWR over 6,000 lbs. and placed in service during 2022 qualify for immediate depreciation deductions of up to 100% of the purchase price.
          2. Passenger automobiles as defined under the Internal Revenue Code (including sport utility vehicles, trucks and crossovers with a GVWR of 6,000 lbs. or less) and placed in service during 2022 qualify for immediate depreciation deductions of up to $19,200 per vehicle.
          3. Trucks, vans and sport utility vehicles as defined in the Internal Revenue Code with GVWR over 6,000 lbs. and placed in service during 2022 qualify for immediate depreciation deductions of up to 100% of the purchase price.