Earn 2022 Tax Deductions up to 100% of the price of a new vehicle.
For 100 years, Chevrolet has helped business owners do what it takes to get the job done. Your business may be eligible to immediately deduct up to 100% of the purchase price of an unlimited number of qualifying Chevrolet vehicles purchased in 2022 for business use.1
| FIRST YEAR VEHICLE DEPRECIATION LIMITS FOR 2022 | ||||||||||
| Up to $19,200 total deduction per vehicle2 (No aggregate limitation) | Up to 100% total deduction per vehicle3 (No per-vehicle or aggregate limitation) | |||||||||
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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 and 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 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. 2 Passenger automobiles, as defined in the Internal Revenue Code (includingSUVs, 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. 3 Trucks, vans and sport utility vehicles asdefined 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.
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