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Tax Tips for Business Owners From GM



UP TO 100% PURCHASE PRICE REDUCTION ON A NEW CHEVY!

BUY A QUALIFIED GM VEHICLE AND PUT THE TAX STIMULUS PACKAGE TO WORK FOR YOU


The 2011 Tax Stimulus Package provides significant tax benefits to business owners. New for 2011, if you purchase an eligible vehicle, the available benefits in the first year may include:
  • Up to a 100% purchase price deduction, or
  • Partial purchase price deduction followed by a 100% depreciation deduction



GM Vehicle Deduction Eligibility
:

UP TO $11,060 total deduction per vehicle:
  • Chevrolet Aveo
  • Chevrolet Aveo 5-door
  • Chevrolet Camaro
  • Chevrolet Corvette
  • Chevrolet Cruze
  • Chevrolet Equinox
  • Chevrolet HHR
  • Chevrolet HHR Panel
  • Chevrolet Impala
  • Chevrolet Malibu
  • Chevrolet Volt



UP TO $11,160 total deduction per vehicle:
  • Chevrolet Colorado
  • Chevrolet Colorado Chassis Cab



UP TO $25,000 total deduction per vehicle:
  • Chevrolet Avalanche
  • Chevrolet Express Passenger 1500
  • Chevrolet Silverado (short box)
  • Chevrolet Suburban
  • Chevrolet Tahoe
  • Chevrolet Traverse



UP TO $500,000 total deduction per vehicle (Aggregate, no per vehicle limit):
  • Chevrolet Express Cargo
  • Chevrolet Express Cutaway
  • Chevrolet Express Passenger 2500 and 3500
  • Chevrolet Silverado (standard and long box)
  • Chevrolet Silverado Chassis Cab



This program pertains to vehicles placed in service in the United States during 2011, with no written binding contract for acquisition in effect before 2011. Vehicles must be used for business at least 50% of the time. Depreciation limits reduce by every percent of personal use less than 100%.


Each individual's tax situation is unique, therefore, please consult your tax professional to confirm vehicle depreciation deduction and tax benefits. Consult your own tax advisor prior to claiming any credit.




Contact Information

Courtesy Chevrolet

1233 E. Camelback Road

Phoenix, AZ 85014
sales Sales:
888-267-5511
service Service:
602-714-2261
parts Parts:
602-714-2708

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