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.

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.

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

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

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 ...

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

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

A lower sticker price doesn’t always mean lower costs, since used cars typically come with higher interest rates and repair expenses.

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

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

The share of new-car buyers who pay $1,000 or more per month for their auto loans rose to a record 20.3% of all new vehicles financed in the fourth quarter, according to new data from car website ...