Learn how you can deduct up to $10,000 of car loan interest payments. This guide covers eligibility established by the “One ...

New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.

Buyers of new vehicles assembled in the U.S. could boost their tax refunds by hundreds of dollars through a new tax deduction ...

Is car loan interest tax-deductible in 2025? Learn who qualifies under the new 2025 to 2028 rules, income limits and business-use deductions.

The policy, signed into law in July 2025 in the One Big Beautiful Bill Act, comes with significant eligibility restrictions and conditions.

Buying a new car isn't cheap, especially with today's interest rates. But for the first time, a new federal tax break could ...

New tax law allows deduction of up to $10,000 in auto loan interest for U.S.-assembled vehicles Applies to new personal-use vehicles purchased from 2025–2028 Phases out for individuals earning over ...

Auto industry experts anticipate that some Americans could use higher tax returns to finally purchase a new or used vehicle.