Section 179 Tax Credit

LOOK FORWARD TO TAX SEASON

Small business owners: you could qualify for a 2022 tax deduction of up to 100% of the purchase price!*

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Running a business comes down to your bottom line and now you can make yours even stronger. 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 Cadillac vehicles, including the Cadillac Escalade, purchased in 2022 for business use.*

All passenger automobiles can qualify for a deduction of up to $19,200 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.

Swickard Cadillac of Thousand Oaks in Thousand Oaks CA

FIRST YEAR VEHICLE DEPRECIATION LIMITS FOR 2022:

Up to $18,200 Per Vehicle (No aggregate limitation)
  • CT4
  • CT5
  • XT4

Up to 100% of Purchase Price (No Per-Vehicle or Aggregate Limitation)
  • XT5
  • XT6
  • Escalade
  • Escalade ESV
  • LYRIQ

1. Federal tax benefits are available for vehicles acquired for use in the active conduct of trade or business and may change or be eliminated at any time without notice and each taxpayer's tax situation is unique; therefore, please consult your tax professional to confirm available vehicle depreciation deductions and tax benefits. For more information, visit www.irs.gov. This advertisement is for informational purposes only, and should not be construed as tax advice, or as a promise of availability or amount of any potential tax benefit or reduced tax liability. 2. Passenger automobiles, as defined in the Internal Revenue Code (including SUVs, trucks and crossovers with a GVWR up to 6,000 lbs.), and placed in service during 2022 qualify for immediate depreciation deductions of up to $19,200 per vehicle. 3. Trucks, vans and sport utility vehicles as defined in the Internal Revenue Code with a GVWR over 6,000 lbs. and placed in service during 2022 qualify for immediate depreciation deductions of up to 100% of the purchase price. For more info visit gmfleet.com/tax

A 1.75% surcharge is applied to all credit card transactions. This fee is not greater than our cost of acceptance. There is no fee for debit card payments. *MSRP is the Manufacturer’s Suggested Retail Price, and is not the dealer’s advertised or asking price. See dealer for pricing details. MSRP excludes government fees and taxes, any finance charges, any dealer document processing charge, any electronic filing charge, any emission testing charge, insurance, and optional equipment, products, packages and accessories selected by the customer. All advertised vehicles are subject to actual dealer availability. Must qualify for all applicable rebates and discounts. Prices include all dealer rebates and dealer incentives. Images displayed may not be representative of the actual trim level of a vehicle, and colors shown are the most accurate representations available. All vehicles are one of each, and all offers expire at close of business on the day the offer is removed from this website. All financing is subject to credit approval. While great effort is made to ensure the accuracy of the information on this website, errors do occur so please verify information with one of our dealership representatives. Bluetooth® is a registered mark of Bluetooth® SIG, Inc. Android Auto® is a trademark of Google LLC. Apple CarPlay® is a registered trademark of Apple Inc.

The Manufacturer's Suggested Retail Price excludes tax, title, license, dealer fees and optional equipment. Dealer sets final price.

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