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 specific qualifications can benefit.

Discover how to sell your car with an outstanding loan.

If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your taxes.

A new LendingTree study reveals a stark shift in American auto buying: nearly half of all car loans now stretch beyond six ...

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

Record-high car prices coupled with high interest rates are leading to huge monthly car payments for many Americans. A record share of Americans — more than 20% — agreed to pay more than $1,000 per ...

To cope with the high cost of buying new and used vehicles, some buyers are taking out loans of six years or more. 2 News Oklahoma's Cathy Tatom looks at why this could be a financially risky move.

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

If you're shopping for a new car right now, you've got a rare advantage working in your favor. 60-month auto loan rates ...

Car loans for Ford and GM models may be easier to get from new banks that the automakers are now cleared to establish.

“Attention grandmothers, 100% of the time you cosign, you’re stupid,” Ramsey said. He noted that cosigning a loan puts you at ...