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

You might qualify for an auto refinance loan even with an older vehicle or limited credit ...

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

Buying a car has become increasingly expensive: The average loan for a new car hit a record $781 in December 2025, according to Edmunds. Used car loan payments are up to $568 a month, a $14 increase ...

Current and prospective electric vehicle owners can finance or refinance with Tenet’s loans ...

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 ...

The APR, or Annual Percentage Rate, of a loan is the amount of interest you’ll be charged in one year for that loan. The APR is determined by the interest rate for your car loan. It also includes fees ...

A new federal tax break could ease the pain of expensive auto loans by letting eligible buyers deduct up to $10,000 in ...

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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 ...

LendingClub’s rates are competitive, but fees and restrictions limit appeal ...