Unlock a new tax deduction for your vehicle. If you bought a new car in 2025, you could deduct up to $10,000 in loan interest ...

Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing.

There are rules to a new tax deduction as to which vehicles qualify to save buyers on the interest paid on loans. Here are ...

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

Finance a new car last year? Here's how to claim a deduction of up to $10,000.

There are several sensible reasons to consider refinancing a car loan. Among them are lowering the monthly payment, shortening the loan terms, and reducing the interest rate. Read our tips to learn if ...

A debt-to-income ratio under 36% is ideal ...

Auto refinance rates start below 5.00% for qualified borrowers Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Written by ...

More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Auto loans with terms of seven years or longer made up 22% of all new vehicle ...

How to qualify for and claim the new auto loan interest tax deduction of up to $10,000 annually. This page includes information about these cards, currently unavailable on NerdWallet. The information ...

Buying a new car isn’t cheap. The average cost of a new car was $49,814 in November 2025, while the average cost of a used car was $25,730 in December, according to Kelley Blue Book. Given these costs ...