Vaden of Beaufort GMC is a GMC dealer and a new and used vehicle BEAUFORT, SC GMC dealership

Vaden of Beaufort GMC 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 GMC vehicles purchased in 2022 for business use in the BEAUFORT area including GMC Sierra Pick-up trucks.

With these tax depreciation laws in place, it's a great time to add the dependability of GMC vehicles, trucks, and SUVs to your small business. To learn more about current offers, contact us.

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

UP TO $19,200 PER VEHICLE (NO AGGREGATE LIMITATION):

GMC

GMC Terrain
GMC Terrain Denali
GMC Canyon (except 4WD w/ 2.8L diesel)

UP TO 100% OF PURCHASE PRICE PER VEHICLE (NO PER-VEHICLE OR AGGREGATE LIMITATION):

GMC

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

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

Frequently Asked Questions

Which Vehicles Can I Write Off?

Due to recently announced changes in tax depreciation laws, your business may be eligible to immediately deduct up to 100% of the purchase price of a new GMC Vehicle.

Vehicles that are eligible for up tp $19,200 per vehicle include GMC Terrain, GMC Terrain Denali, GMC Canyon (except 4WD w/ 2.8L diesel).

The following models are eligible for up to 100% of your purchase price per vehicle; GMC Hummer EV, GMC Acadia, GMC Acadia Denali, GMC Yukon, GMC Yukon Denali, GMC Yukon XL, GMC Yukon XL Denali, GMC Canyon (4WD w/ 2.8L diesel only), GMC Sierra 1500 (Short Box), GMC Sierra 1500 Denali (Short Box), GMC Sierra 1500 (Standard & Long Box), GMC Sierra 1500 Denali (Standard & Long Box), GMC Sierra 2500 HD (Standard & Long Box), GMC Sierra 2500 Denali HD, (Standard & Long Box), GMC Sierra 3500 HD Chassis Cab, GMC Savana Passenger Van, GMC Savana Cargo Van, GMC Savana Cutaway Van.

How Much Can I Deduct?

Deduct up to 100% of your purchase price on eligible vehicles. See Above for full list of eligible models.

How Can I Write Off My Business Vehicle?

Your business may be eligible to immediately deduct up to 100% of the purchase price of an unlimited number of GMC vehicles purchased in 2022 for business use. Visit irs.govfor more information.