Cadillac Tax Deduction
LOOK FORWARD TO TAX SEASON
Small Business Owners: You could qualify for a 2023 Tax Deduction of up to 80% of the purchase price1.
You can get more tax benefits when you purchase the vehicles that give you more. Both large and small businesses may be eligible to immediately deduct up to 80% of the purchase price of qualifying vehicles. Beginning in 2023, businesses that purchase qualifying electric vehicles may qualify for a federal income tax credit of up to $7,500.2
All passenger automobiles can qualify for a deduction of up to $20,200 while larger vehicles can qualify for a deduction equal to the full purchase price. Consult your tax advisor for tax implications and savings opportunities.
With these new tax depreciation laws, you can save next tax season on the vehicles your business purchases today. There's never been a better time to add the quality and dependability of Cadillac vehicles to your fleet.
UP TO $20,200 PER VEHICLE |
UP TO $25,000 PLUS UP TO 80% OF THE REMAINING PURCHASE PRICE PLUS STANDARD DEPRECIATION DEDUCTION.4 |
CT4 |
ESCALADE |
CT5 |
ESCALADE ESV |
XT4 |
XT5 |
XT6 |
|
LYRIQ |