For the first time since the 1980s, car loan interest is tax-deductible under Trump's recent legislation. The deduction only ...

New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...

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 ...

Number of drivers seriously behind on payments reached a worrying record high last month that could indicate problems in the ...

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 ...

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Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s new tax-cut law, many people for the first time also could claim a tax ...

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 ...

Discover the most competitive auto loan rates available in 2025, understand how to qualify and choose the best lender for your financing needs Written By Written by Staff Senior Editor, Buy Side ...

Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate since the 1990s, according to Fitch Ratings.

Americans continue to fall behind on auto loan payments in the face of record-high car prices and high interest rates. A recent study by VantageScore found that auto loan delinquency rates have ...