New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
A new federal tax deduction will allow eligible taxpayers to deduct interest paid on new car loans beginning this tax year. Lawmakers say the measu ...
The policy, signed into law in July 2025 in the One Big Beautiful Bill Act, comes with significant eligibility restrictions and conditions.
The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This new federal tax break applies to qualifying new vehicles purchased after ...
The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
Discover the ins and outs of auto loans, from interest rates to payment terms, and find the best vehicle financing option for your needs.
A new tax break offers deductions of up to $10,000, but income limits and loan rules mean most buyers will see much smaller savings.
Finance a new car last year? Here's how to claim a deduction of up to $10,000.
(CNN) — President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting. CNN — (CNN) — ...
New car financing is available for under 4.00% APR for borrowers with high credit scores ...
Find out if your new car or truck was built in the United States. See the window sticker or use a VIN Decoder tool at the National Highway Traffic Safety Administration website. Beginning on 2025 tax ...
If you want to avoid dealerships and buy from an individual, a private-party auto loan can help ...