Trump and the GOP are now offering a tax deduction for auto loan interest. How will it work?

There are rules to a new tax deduction as to which vehicles qualify to save buyers on the interest paid on loans. Here are some vehicles that qualify.

Bought and financed a new car in 2025? You may deduct up to $10,000 in interest under a new federal tax break. Learn who qualifies and how to claim it.

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What is Schedule 1-A?

Zero percent financing saves you money over the length of your car loan. Here’s every new car with 0% financing incentives this month.

Current and prospective electric vehicle owners can finance or refinance with Tenet’s loans ...

As the average price of a new car reached an all-time record high of $50,326 in December 2025, U.S. shoppers are having a ...

It can be a shock shopping for a new car these days. The pandemic shortages are over. Dealer lots are stocked. Customers can find the colors and options they want. But prices have never been higher – ...

Buying a car has become increasingly expensive: The average loan for a new car hit a record $781 in December 2025, according to Edmunds. Used car loan payments are up to $568 a month, a $14 increase ...

That is where EMI planning becomes important. Your monthly instalment should fit your income without putting pressure on your regular expenses. When you calculate your EMI before ...