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Trump's New Car Loan Tax Break Could Save You Thousands – But There's a Catch
For the first time since the 1980s, car loan interest is tax-deductible under Trump's recent legislation. The deduction only ...
Money Talks News on MSN
The New Tax Deduction for Car Loans Isn’t As Great As It Sounds. Here’s How It Works.
The new tax deduction on car loan interest is only available for tax year 2025 through tax year 2028. So, you can only use it ...
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2025 tax deduction allows buyers to save on auto loan interest, making car ownership more affordable for qualifying vehicles.
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...
Buying a new car has never been more financially daunting. A 2025 analysis from Edmunds found that a record 19.3% of consumers who financed a new vehicle in the second quarter of 2025 committed to a ...
Keep the car you love with auto lease buyout financing Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Edited By Written by ...
Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate ...
New Edmunds data shows that buyers are at their limits when it comes to getting that new car. According to new data on new-car financing trends from the car-buying authorities at Edmunds, customers ...
Learn how credit scores influence car loan interest rates in 2025 and discover tips to secure the best financing for your next vehicle purchase Written By Written by Staff Senior Editor, Buy Side ...
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