Section 179 Vehicles Tax Deduction

YOU COULD WRITE OFF UP TO 100% OF THE PRICE OF A NEW VEHICLE PURCHASED AT Vaden Chevrolet of Hinesville

Chevrolet and Vaden Chevrolet of Hinesville have been working hard to help get the job done at your worksite. And thanks to recently announced tax depreciation laws, your business may be eligible to immediately deduct up to 100% of the purchase price of an unlimited number of qualifying new Chevrolet vehicles purchased in 2022 for business use in the SAVANNAH area including Chevrolet Silverado, Chevrolet Silverado 2500HD, Chevrolet Equinox and Chevrolet Colorado.

With these tax depreciation laws in place, it's a great time to add the dependability of Chevrolet cars, trucks and SUVs to your small business. To learn more about current offers, contact us or visit www.chevrolet.com/tax-deductions.

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

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. 2Trucks, 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. ©2022 General Motors, LLC. All rights reserved. The marks appearing in this ad are the trademarks or service marks of GM, its subsidiaries, affiliates or licensors