Chevy Tax Deductions

Put federal tax deductions to work for you

For 100 years, Chevy has helped business owners do what it takes to get the job done. Both large and small businesses may be eligible to immediately deduct up to 100% of the purchase price of qualifying Chevy vehicles.

First year vehicle depreciation limits for 2025

Deduct up to 100% of purchase price 

(179 expensing)

  • BrightDrop 400
  • BrightDrop 600
  • Express Cargo Van
  • Express Cutaway
  • Express Passenger
  • Low Cab Forward
  • Silverado
  • Silverado 2500
  • Silverado 3500
  • Silverado 4500 HD
  • Silverado 5500 HD
  • Silverado 6500 HD
  • Silverado HD Chassis Cabs

Deduct up to 100% of purchase price 

(partial 179 expensing and bonus depreciation)

  • Blazer
  • Blazer EV
  • Equinox EV
  • Express Passenger
  • Silverado
  • Silverado EV WT
  • Suburban
  • Tahoe
  • Traverse

Deduct up to $20,200 per vehicle

  • Corvette
  • Malibu
  • Equinox
  • Trailblazer
  • Trax