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Save Thousands on Tax Deductions on New GM Fleet Vehicles (Updated for 2020)

This tax season, don't miss out on deductions that could save your business thousands of dollars. When you buy a new qualifying vehicle before 12/31/2020, you will be eligible for big tax breaks, up to $510,000 total deductions. GM has the most comprehensive commercial vehicle lineup. Whether you need an Express Cargo Van, a Silverado for tough, heavy-duty jobs, or a Malibu for passengers and commuter jobs, you will save on each vehicle. You can even save on the sporty and capable Camaro and Corvette for your business needs. How does it work? Browse our inventory of vehicles, or build your own package customized to your needs. Lynch Chevrolet GMC of Burlington offers Business Elite vehicles with great selection on trim styles and available options. When you shop Lynch Chevrolet GMC of Burlington in Burlington, you are getting the best options for your business in Kenosha, Racine, and Muskego. We'll help you choose your vehicles and get financed, but don't forget to talk to your tax professional to make sure you don't miss out on any potential deductions.
Tax breaks for commercial vehicle purchases

Tax Benefits for Buick and GMC Fleet

Maybe your business relies on the hauling power and strength of a GMC Sierra 1500. Loaded up with tools and materials, or trailering half the farm, your GMC truck moves your business forward. You probably know that writing off business expenses at tax time will save you money. But did you know that adding a new GMC to your business fleet before the year's end helps you take advantage of incentives and specials on auto financing on top of the significant tax benefits?

Maybe your business requires eating up the miles but arriving in style. You know you want a luxury Buick for maximum comfort that's sure to impress your clients. Your new Regal, Cascada or Verano, picked up before year's end, will save you hundreds on your corporate taxes. Take advantage of the write-offs available for businesses small or large.

Talk to us about how your Chevy, Buick and GMC commercial vehicles can save you money on taxes

    Chevy Tax Deductions Chart

    Up to $18,100 per vehicle (no aggregate limitation)

    • Spark
    • Sonic
    • Cruze
    • Malibu
    • Impala
    • Volt
    • Bolt EV
    • Trax
    • Equinox
    • Camaro
    • Corvette
    • Colorado
    • City Express

      Up to 100% of purchase price (no per-vehicle or aggregate limitation)

      • Silverado 1500
      • Silverado 2500HD
      • Silverado 3500HD
      • Silverado 3500 Chassis Cab
      • Silverado 4500HD, 5500HD and 6500HD Chassis Cab
      • Blazer
      • Traverse
      • Tahoe
      • Suburban
      • Express Cargo Van
      • Express Passenger Van
      • Express Cutaway
      • Low Cab Forward

        Buick Tax Deductions Chart

        UP TO $18,100 PER-VEHICLE (NO AGGREGATE LIMITATION)

        • CASCADA
        • ENCORE
        • ENVISION
        • LACROSSE
        • LACROSSE AVENIR
        • REGAL SPORTBACK
        • REGAL GS
        • REGAL AVENIR
        • REGAL TOURX

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

          • ENCLAVE
          • ENCLAVE AVENIR

            GMC Tax Deductions Chart

            UP TO $18,100 PER VEHICLE (NO AGGREGATE LIMITATION)

            • Terrain
            • Terrain Denali
            • Canyon
            • Canyon Denali

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

              • Sierra 1500
              • Sierra 1500 Denali
              • Sierra 2500HD
              • Sierra 2500HD Denali
              • Sierra 3500HD
              • Sierra 3500HD Denali
              • Sierra Chassis Cab
              • Acadia
              • Acadia Denali
              • Yukon
              • Yukon Denali
              • Yukon XL
              • Yukon XL Denali
              • Savana Cargo Van
              • Savana Passenger Van
              • Savana Cutaway
              • Canyon Crew Cab 4WD

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