Chevrolet Tax Deductions

Your tax dollars at work.

Immediately write off up to 100% of the purchase price of eligible Chevy vehicles.[1] For 100 years, Chevy has helped business owners do what it takes to get the job done. Now, under new tax depreciation laws, your business may be eligible to immediately deduct up to 100% of the purchase price of an unlimited number of qualifying Chevy vehicles purchased for business use.

FIRST YEAR VEHICLE DEPRECIATION LIMITS (may differ depending on year purchased)

Up to 100% of purchase price

(no per-vehicle or aggregate limitation)[2]

  • Blazer
  • Colorado[3]
  • Express Cargo Van
  • Express Cutaway
  • Express Passenger Van
  • Low Cab Forward
  • Silverado 1500
  • Silverado 2500 HD
  • Silverado 3500 HD
  • Silverado HD Chassis Cabs
  • Suburban
  • Tahoe
  • Traverse

Up to $19,200 per vehicle

(no aggregate limitation)[4]

  • Bolt EV
  • Bolt EUV
  • Camaro
  • Colorado[5]
  • Corvette
  • Equinox
  • Malibu
  • Spark
  • Trailblazer
  • Trax

[1]Federal tax depreciation deductions are only available for vehicles used in a trade or business and are subject to change without notice. Each taxpayers' tax situation is unique; please consult your tax advisor to determine your business' vehicle depreciation deduction. 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]Trucks, vans and sport utility vehicles as defined in the Internal Revenue Code with a GVWR over 6,000 lbs. and placed in service during year qualify for immediate depreciation deductions of up to 100% of the purchase price.

[3]Passenger automobiles as defined under the Internal Revenue Code (including sport utility vehicles, trucks and crossovers with a GVWR of 6,000 lbs. or less) and placed in service during year qualify for immediate depreciation deductions of up to $19,200 per vehicle.

[4]With 2.8L engine and 4WD.

[5]All except with 2.8L and 4WD.