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

The law does not automatically provide a tax break for interest on every car loan. Only new car buyers who meet these ...

A viral post claims a $10,000 tax credit for buying American cars. The truth is a more modest deduction for loan interest. We ...

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 ...

In the fourth quarter of 2025, 20.3% of new‑car shoppers agreed to monthly payments topping $1,000 — the highest share ever ...

The Internal Revenue Service has released proposed regulations clarifying how a new auto loan interest deduction will work, ...

He almost signed his own deportation. A habeas petition in a New Mexico federal court saved him.

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 ...

Almost 30% of recent new car buyers were underwater on loans for their trade-ins, according to new data released by Edmunds.com.

You might be able to trade in a car with negative equity, but it doesn’t always make sense ...

As tax season descends, a new program allowing tax deductions for some new car loans could save some Texans money.

The average price Americans are paying for a new car has climbed to unprecedented levels. According to a Kelley Blue Book ...