Does your car qualify for up to a $10,000 tax deduction? It might

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

What Happens If The Former Owner Of A Used Car Doesn't Pay The Sales Tax?

Purchasing a used vehicle can be a tricky adventure, as buyers are expected to properly assess the physical well-being of the exterior and interior of the car. But as the potential new buyer of a ...
USA Today

Trump's new tax deduction on auto loans has major limitations: What car buyers should know

Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able to deduct interest on loans ...

This tax season, there's a new deduction for interest on car loans

Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing.
FinanceBuzz on MSN

Bought a new car last year? You could qualify for this tax break

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 ...