Commercial Vehicle Tax Benefits

Your Tax Dollars at Work. 

Immediately write off up to 100% of the purchase price of eligible Chevy vehicles. 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 in 2023 for business use. 

FIRST-YEAR VEHICLE DEPRECIATION LIMITS FOR 2023 

Up to 100%  of purchase price 

(no per-vehicle or aggregate limitation) 

Up to $25,000 plus up to 80% of the remaining purchase price 

(plus standard depreciation deduction) 

Up to $20,200 per vehicle 

(no aggregate limitation)