GMC Tax Flyer

TAX DEDUCTIONS

King O'Rourke Buick GMC in Smithtown NY

PUT FEDERAL TAX DEDUCTIONS AND CREDITS TO WORK FOR YOU

You could get more tax benefits when you purchase the vehicles that you need.1
Both large and small businesses may be eligible to immediately deduct up to 100% of the purchase price of qualifying vehicles. Businesses that purchase qualifying electric vehicles may qualify for a federal income tax credit of up to $7,500.

For information, please visit www.gmc.com/tax-deductions



2025 ELIGIBLE VEHICLES

UP TO 100%

OF PURCHASE PRICE

Large trucks, cargo vans and 10+ passenger vans – GVWR greater than 6,000 lbs.

  • GMC Sierra 1500/2500/3500 – Standard and Long Bed
  • GMC Sierra 3500 HD Chassis Cab
  • GMC Savana Cargo Van
  • GMC Savana Passenger Van (10+ passenger seating only)
  • GMC Savana Cutaway

UP TO 100%

OF PURCHASE PRICE

Other trucks, passenger vans and SUVs – GVWR greater than 6,000 lbs.

  • GMC Sierra 1500 – Short Bed (including Denali)
  • GMC Yukon (including Denali)
  • GMC Yukon XL (including Denali)
  • GMC Acadia (including Denali)
  • GMC Canyon
  • GMC Savana Passenger Van (all except 10+ passenger seating)

UP TO $20,200

All vehicles – GVWR 6,000 lbs. or less.

  • GMC Terrain (including Denali)

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 $7,500* for vehicles placed in service in a trade or business during 2025.

GMC HUMMER EV SUV

(Model Years 2024-2026)

Maximum Credit: $7,500

GMC HUMMER EV PICKUP

(Model Years 2024-2026)

Maximum Credit: $7,500

GMC SIERRA EV (Denali Edition 1)

(Model Year 2024)

Maximum Credit: $7,500

GMC SIERRA EV

(Model Years 2025-2026)

Maximum Credit: $7,500

1Taxpayers 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 2025. 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 constituted as tax advice or as a promise of availability or amount of any potential tax benefit or reduced tax liability.


May not represent actual vehicle. (Options, colors, trim and body style may vary)

The Manufacturer's Suggested Retail Price excludes tax, title, license, dealer fees and optional equipment. Dealer sets final price.