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Attention Business Owners: Last Week For 2009 Stimulus Savings

December 28, 2009

As 2009 closes out, this is the last week for businesses to take advantage of sizeable tax breaks set in motion by the 2009 Federal Stimulus Package.

When you buy a qualifying Cathedral City commercial or fleet vehicle from Jessup Auto Plaza, you may be immediately eligible for expense deductions of $25,000 or $250,000 for your business’s 2009 taxes.

In addition to the expense deduction, buying a Cathedral City GM vehicle for your business may also qualify you for a special Accellerated Depreciation Bonus. This will let you deduct 50% of your vehicle’s depreciation basis for a qualified purchase.

2009 Chevy Avalanche

This 2009 Chevy Avalanche may qualify you for tax benefits

Which vehicles are eligible for the stimulus savings? Maybe a better question would be which vehicles aren’t.

Vehicles qualifying for the $25,000 expense deduction include:

  • Buick Enclave
  • Cadillac Escalade (all versions)
  • Cadillac SRX Crossover
  • Chevrolet Avalanche
  • Chevrolet Tahoe
  • Chevrolet Traverse
  • Chevrolet Suburban
  • Chevrolet TrailBlazer (w/V8 engine)
  • Chevrolet Silverado (Crew Cab and Extended Cab)
  • GMC Yukon (and Yukon XL)
  • GMC Envoy Denali
  • GMC Sierra Crew Cab
  • GMC Sierra Extended Cab

Vehicles qualifying for the up-to-$250,000 expense deduction include:

  • Chevrolet Silverado
  • Chevrolet Express (Cargo, Passenger, and Cutaway)
  • Chevrolet Kodiak
  • GMC Sierra
  • GMC TopKick
  • GMC Savana (Cargo, Passenger, and Cutaway)

Come visit us (or call us at 800-900-KARS) for details and more information on which vehicles qualify. We’d be glad to talk with you about your business’s choices and the different vehicle and financing options we can provide. And of course, everyone’s tax situation is unique; therefore, please consult your tax professional to confirm vehicle depreciation deduction and tax benefits. For more details, visit http://www.irs.gov.

Jessup Auto Plaza is proud to provide GM commercial vehicles to the entire Coachella Valley. From Palm Springs and La Quinta to Palm Desert and Indio—from Hemet and Banning/Beaumont to Calimesa and Yucaipa, we are proud to serve you.

We’d love to answer any questions you may have. Please call us at 800-900-KARS or email: jessupautoplaza@gmail.com.

View our entire Jessup Auto Plaza inventory at www.JessupAutoPlaza.com

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