New car loan interest deduction: Which vehicles and buyers qualify

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

Trump tax cuts may allow drivers to write off $10,000 in auto loan interest

Drivers buying new U.S.-assembled vehicles could unlock major tax savings in 2026. Trumps new tax law allows up to $10,000 in auto loan interest deductions. The IRS confirms eligibility applies even ...
AOL

8 Car Expenses You Can Write Off on Your Taxes (Even Personal Use)

From eggs to gas prices, expenses have likely gone up in just about every aspect of your daily life. The financial strain is taking a toll on American families and individuals, especially car owners ...
Fast Company

There’s a new tax deduction for car loans in Trump’s ‘big, beautiful bill.’ Here’s who’s eligible—and what’s the catch

While the “No Tax on Tips” provision in President Donald Trump’s One Big Beautiful Bill Act has been making headlines for its tax deductions on tips and overtime, there are plenty of other write-offs ...
Forbes

Car Loan Interest Tax Break: Who Qualifies Under The Big Beautiful Bill?

With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...
Times Union

2025 Tax Code 179, Bonus Depreciation, and Interest Write-Off Guide

Friends, we have been publishing the latest rules and eligible vehicles list for Tax Code 179 for over a decade. I encourage you to reach out to one of our Certified Car Pro Dealers at a CarPro ...