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Tax Season

You Deserve A Break This Tax Season

Sierra 2500

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 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.

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)