Trump's One Big Beautiful Bill includes a $10,000 car loan deduction — but strict rules mean most Americans won't qualify or ...
2025 tax deduction allows buyers to save on auto loan interest, making car ownership more affordable for qualifying vehicles.
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 ...
For the first time since the 1980s, car loan interest is tax-deductible under Trump's recent legislation. The deduction only ...
Millions of drivers could be slapped with new car taxes in the near future as Rachel Reeves considers introducing road ...