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For example, you could deduct the full $10,000 in interest in a year if you took out a $115,000 new car loan at 11% for 84 months, according to the Bankrate.com auto loan calculator.
NEW YORK - Pagaya Technologies LTD. (NASDAQ:PGY), a fintech company currently valued at $2.41 billion, announced Tuesday the closing of a $400 million AAA-rated auto loan asset-backed securities ...
Kelley Blue Book There’s been a big spike in auto loan refinancing—here’s why High pandemic-era car prices are still having their effect By Sean Tucker Published: July 22, 2025 at 4:59 a.m ...
A look at the "no tax on car loan interest" provision in the "Big Beautiful Bill" reveals key eligibility criteria. But the law does not make all auto loan interest tax-deductible.
Washington — A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred dollars apiece on new U.S.-built vehicle purchases through 2028 ...
The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
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Republicans' signature tax cut and spending package, dubbed the "big, beautiful bill," includes a tax deduction for car loan interest of up to $10,000 annually for qualified vehicles.
— You've heard a lot about the One Big Beautiful Bill, including how you can deduct your auto loan interest from your taxes next year. Is this deduction for anyone who has a car loan? Let's verify.