You Deserve a Break This Tax Season
Did you know that you could qualify for a 2016 tax deduction of up to $500,000?1 Here at Nimnicht Buick GMC, we take pride in giving you the best value for your new vehicle.You could be eligible for 2016 tax incentive offerings up to a total of $500,000 in tax deductions, when you purchase a qualifying Buick or GMC vehicle before December 31st. Plus, you can even stack up more select offers and additional small-business incentives to get even bigger savings. If you have any questions, feel free to stop by our dealership and speak with a member of our team. We can't wait to see you at Nimnicht Buick GMC.
GMC & Buick New Vehicle Deduction Eligibility
There are some limitations to the expense deduction, including eligibility1
|Up to $11,1602||Up to $11,5602||Up to $25,0003||Up to $500,000|
|Buick LaCrosse||Buick Encore||Buick Enclave||GMC Sierra 1500 (Standard and Long Box)|
|Buick Regal||GMC Terrain Denali||GMC Sierra 1500 (Short Box)||GMC Sierra HD (Standard and Long Box)|
|Buick Verano||GMC Sierra 1500 Denali (Short Box)||GMC Sierra Denali HD (Standard and Long Box)|
|GMC Yukon||GMC Sierra HD Chassis Cab|
|GMC Yukon Denali||GMC Savana Passenger Van|
|GMC Yukon XL||GMC Savana Cargo Van|
|GMC Yukon XL Denali||GMC Savana Cutaway|
|GMC Acadia Denali|
Call for more details (888)445-0455
1. Each individual's tax situation is unique; therefore, please consult your tax professional to confirm vehicle depreciation deduction and tax benefits. For more details, visit www.irs.gov.
2. For vehicles that qualify as passenger automobiles under the Internal Revenue Code, there is a $11,160 per-vehicle depreciation deduction cap or $11,560 for certain SUVs, trucks, and vans placed in service during 2016.
3. For vehicles that qualify as sport utility vehicles, including certain trucks and vans, under the Internal Revenue Code, the maximum amount that may be expensed is $25,000 of the total purchase price. The $25,000 expense cap contributes to the $500,000 dollar limit and $2,010,000 investment limit under Section 179.