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The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's ...
A look at the "no tax on car loan interest" provision in the "Big Beautiful Bill" reveals key eligibility criteria. But the ...
Take a second right now: Follow us and get tips that will change your life. Washington’s latest tax proposal sounds great on ...
Trump's "big, beautiful bill" includes up to $10,000 for interest paid on the car loans of qualified vehicles. Here's a list of vehicles that may qualify: ...
Rates and APYs are subject to change. All information provided here is accurate as of July 2, 2025. Even with the help of our list, finding the best auto refinance companies requires a little work on ...
Auto loan interest write-offs nearing comeback. The U.S. House of Representatives has passed President Trump’s sweeping tax bill, nicknamed the “Big Beautiful Bill,” which includes an above ...
So far in 2025, average car prices are about $48,000, according to Kelley Blue Book, with interest rates for car loans hovering around an average of 8.64%. For a 5-year loan, that roughly ...
The sweeping GOP tax bill calls for an above-the-line deduction of up to $10,000 in car loan interest during a given taxable year. You'd pay no tax on that interest, if you qualified. The proposed ...
Best auto repair loans for bad credit in April 2025. Some lenders may approve your loan if you have bad credit (a FICO score below 580) or fair credit (a FICO score between 580 and 669). But ...
More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Seven-year loans made up 19.8% of all new vehicle financing by dealers in the ...