The federal car loan interest deduction is available for the 2025 through 2028 tax years.You may be able to deduct up to ...

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

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

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.

The Schedule 1-A does not differ from the draft version issued last year, but instructions for Form 1040 provide details and ...

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 ...

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 rising percentage of American new car shoppers are stretching out their payments for seven years or more.

New car loans had an average interest rate under 7%, while used car loan rates averaged nearly just under 11.50% in the third quarter of 2025. Your credit score plays a significant role in determining ...

Car prices keep soaring — the average price of a new vehicle topped $50,000 for the first time last year, and the share of ...

Discover how to obtain your car title after loan payoff. Learn state processes and timelines to finalize your vehicle ...