GMC Sierra 3500HD
$55,000-$95,000
Can You Write Off GMC Sierra 3500HD?
Short answer: Yes: the Sierra 3500HD, including Denali trims, is a heavy-duty pickup outside the luxury caps when used over 50% for business.
Over 6,000 lbs GVWR, the passenger-car depreciation caps don't apply: pickups with 6-foot beds and cargo vans can be fully expensed with 100% bonus depreciation, while SUVs are limited to about $32,000 under Section 179 (bonus covers the rest). Business use must exceed 50%.
Records to keep: Keep the purchase contract, the door-jamb GVWR sticker photo, and a mileage log showing business vs personal miles.
GMC Sierra 3500HD
Typical range: $55,000-$95,000
General Business
Yes: the Sierra 3500HD, including Denali trims, is a heavy-duty pickup outside the luxury caps when used over 50% for business.
Business justification
Yes: the Sierra 3500HD, including Denali trims, is a heavy-duty pickup outside the luxury caps when used over 50% for business. Over 6,000 lbs GVWR, the passenger-car depreciation caps don't apply: pickups with 6-foot beds and cargo vans can be fully expensed with 100% bonus depreciation, while SUVs are limited to about $32,000 under Section 179 (bonus covers the rest). Business use must exceed 50%.
Category
- Vehicles by Model