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

Some people who’ve bought a new car recently might be eligible for up to a $10,000 deduction on their federal taxes. As part ...

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

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

When President Donald Trump signed the One Big Beautiful Bill Act in July 2025, the administration promoted a sweeping new ...

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 ...

Car loans are getting longer as prices and interest rates rise. Lower monthly payments may look appealing, but longer terms quietly raise costs and risks.

Another financial quarter of American car loan data is in the books, and Edmunds has published its latest analysis on what the average loans look like for new and used vehicles. Perhaps unsurprisingly ...

That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter of 2025, Edmunds reports. In auto industry parlance ...