The law does not automatically provide a tax break for interest on every car loan. Only new car buyers who meet these ...
Auto loans can be a huge expense — the average American with a new car paid $748 per month, while the owner of a used car ...
The Federal Reserve cut its benchmark in December again, but auto loan rates haven’t moved much in recent months, in part due ...
Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...
The share of new-car buyers who pay $1,000 or more per month for their auto loans rose to a new record in the fourth quarter, ...
Treasury Secretary Bessent announces implementation of Trump's car loan interest tax deduction policy, putting money back in ...
Buying a new American-made car could mean a bigger tax break for many Americans. Under President Trump's new bill, drivers ...
In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...
As tax season descends, a new program allowing tax deductions for some new car loans could save some Texans money.
Learn how financing a car works and discover how this type of borrowing can help you afford the vehicle of your dreams.
Edmunds is reporting record high new-car-financing amounts in the fourth quarter of 2025. According to the latest analysis ...
A larger proportion of new cars are being bought by affluent Americans as prices and interest rates for auto loans climb, ...