Starting this year, taxpayers can deduct up to $10,000 of interest annually on loans for new vehicles assembled in the U.S.

The Republicans' tax cut and spending package, dubbed the "big, beautiful bill," includes a tax deduction for car loan ...

No Tax on Tips' wasn't the only new tax write-off signed into law. However, the car loan tax deduction only applies to ...

Anyone in the market for a car will soon be able to write off fees for their purchase as a tax exemption. The Senate ...

But used EVs coming off of leases will continue to come onto the used car market.

Our picks for the best American cars, SUVs, and trucks that can earn you tax credits and possibly avoid tariffs.

Motorists getting behind the wheel of a vehicle built in any of these years will have to pay hundreds of pounds to use the ...

At a 9.3% interest rate, an average new vehicle buyer could save about $2,200 on taxes over four years, Smoke said. The tax savings would be less on a loan at 6.5%, which is the rate figured into ...

The idea proposed by a former finance minister and an economist would have you paying into savings rather than tax.