Deduct Up to 100% on the Price of Your Next GMC
Shop Eligible Vehicles
Put your tax dollars to work
As a business owner, finding ways to save on vehicle expenses can be a tremendous help financially. One option that you may not be aware of is the Section 179 tax deduction. This deduction can help you save money on your taxes while still buying the vehicles you need for your business.
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2024 Tax Incentives
Put Federal Tax Deductions and Credits 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. In 2024, businesses that purchase qualifying electric vehicles may qualify for a federal income tax credit of up to $7,500.3
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. In 2024, businesses that purchase qualifying electric vehicles may qualify for a federal income tax credit of up to $7,500.3
2024-2025 Eligible Vehicles
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Vehicle Brand
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Vehicle Brand
Up to 100% of the purchase price1
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Large Trucks, Cargo Vans and 10+ Passenger Vans – GVWR greater than 6,000 lbs.
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Large Trucks, Cargo Vans and 10+ Passenger Vans – GVWR greater than 6,000 lbs.
Up to $30,500 plus up to 60% of the remaining purchase price plus standard depreciation deduction1
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Other Trucks, Passenger Vans and SUVs – GVWR greater than 6,000 lbs.
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Other Trucks, Passenger Vans and SUVs – GVWR greater than 6,000 lbs.
Up to $20,4001
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All Vehicles2 – GVWR 6,000 lbs. or less
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All Vehicles2 – GVWR 6,000 lbs. or less
GMC
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
– Standard and Long Bed
Sierra 3500 HD Chassis Cab
Savana Cargo Van
Savana Passenger Van
(10+ passenger seating only)
Savana Cutaway
Sierra 1500 – Short Bed
(incl. Denali)
Yukon (incl. Denali)
Yukon XL (incl. Denali)
Acadia (incl. Denali)
HUMMER EV Pickup
HUMMER EV SUV
Canyon
Savana Passenger Van
(all except 10+ passenger seating)
(incl. Denali)
Yukon (incl. Denali)
Yukon XL (incl. Denali)
Acadia (incl. Denali)
HUMMER EV Pickup
HUMMER EV SUV
Canyon
Savana Passenger Van
(all except 10+ passenger seating)
Terrain (incl. Denali)
Buick
N/A
Enclave (incl. Avenir)
Encore GX
Envision (incl. Avenir)
Envision (incl. Avenir)
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 $7,5003 for vehicles placed in service in a trade or business during 2024.
Make
Model
Model Year(s)
Maximum Credit
GMC
HUMMER EV SUV
-------------------------
HUMMER EV Pickup
-------------------------
Sierra EV Denali
Edition 1
-------------------------
HUMMER EV Pickup
-------------------------
Sierra EV Denali
Edition 1
2023-2025
-------------------------
2023-2025
-------------------------
2024-2025
-------------------------
2023-2025
-------------------------
2024-2025
$7,500
-------------------------
$7,500
-------------------------
$7,500
-------------------------
$7,500
-------------------------
$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.
Chart Disclaimers:
- 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.
- Individuals, businesses and tax-exempt organizations that purchase a qualifying electric vehicle for use in a trade or business may qualify for a federal Qualified Commercial Clean Vehicle income tax credit of up to $7,500. For more information, visit https://www.irs.gov/credits-deduction20s/commercial-clean-vehicle-credit. Individuals who purchase a qualifying electric vehicle for non-business use may qualify for a federal Clean Vehicle income tax credit of up to $7,500, subject to additional restrictions. For more information, visit https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after. Consult your tax advisor to determine the proper tax treatment of any vehicle purchase(s) including, without limitation, which vehicles qualify, the amount of the available credit, how to claim the credit, how claiming a credit may impact other tax deductions and/or tax credits and for additional restrictions and limitations. Clean Vehicle and Commercial Clean Vehicles tax credit amounts, eligibility requirements and other requirements, restrictions and limitations are subject to change without notice.
VEHICLES ELIGIBLE FOR DEDUCTIONS
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $39,890
- Total Savings Up To $14,500
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
Loaner 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $39,890
- Total Savings Up To $14,500
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
Loaner 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $43,020
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,885
- Total Savings Up To $12,000
- Exterior
- Onyx Black
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $43,020
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $43,020
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2024 GMC Sierra 1500 Pro
- Howard Bentley Price $42,390
- Total Savings Up To $12,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2025 GMC Sierra 1500 SLT
- Howard Bentley Price $56,225
- Total Savings Up To $11,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine
New 2025 GMC Sierra 1500 SLT
- Howard Bentley Price $55,980
- Total Savings Up To $11,000
- Exterior
- Summit White
- Engine
- 5.3L EcoTec3 V8 engine