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

Subsidized interest rates may be here to stay ...

The policy, signed into law in July 2025 in the One Big Beautiful Bill Act, comes with significant eligibility restrictions and conditions.

Bought and financed a new car in 2025? You may deduct up to $10,000 in interest under a new federal tax break. Learn who ...

Zero percent financing saves you money over the length of your car loan. Here’s every new car with 0% financing incentives this month.

The Schedule 1-A does not differ from the draft version issued last year, but instructions for Form 1040 provide details and ...

For new vehicle financing, the subprime market grew to 6.61% in Q4 2025, from 5.74% last year. Meanwhile, there was a slight decline in prime, going from 36.49% to 35.33% in the same time frame.

Over 20% of new car purchases in Q4 2025 were 84-month financing deals. Consumers are looking to lengthier auto loans to lower monthly car payments, but the combined interest costs drastically ...

As the average price of a new car reached an all-time record high of $50,326 in December 2025, U.S. shoppers are having a ...

TROY, Mich.: 13 Nov. 2025 — With average monthly auto finance payments reaching a record average high of $758 in October 1 and loan terms now routinely extending to upwards of 84 months, affordability ...

New information released this week from TransUnion and LendingTree showed the growing risk auto-finance providers are absorbing. According to TransUnion’s Credit Industry Snapshot for December, the ...