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

Edmunds data shows new-car loan rates have been falling, but higher vehicle prices are pushing monthly payments higher.

In the fourth quarter of 2025, 20.3% of new‑car shoppers agreed to monthly payments topping $1,000 — the highest share ever recorded.

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 federal income tax returns.

He almost signed his own deportation. A habeas petition in a New Mexico federal court saved him.

The Internal Revenue Service has released proposed regulations clarifying how a new auto loan interest deduction will work, ...

Car loans are getting longer as prices and interest rates rise. Lower monthly payments may look appealing, but longer terms ...

Another financial quarter of American car loan data is in the books, and Edmunds has published its latest analysis on what the average loans look like for new and used vehicles. Perhaps unsurprisingly ...

How long should a car loan be? Are you shopping for a new car and wondering how long your loan should be? The quick answer is that Edmunds recommends a 60-month auto loan if you can manage it. That’s ...

Taxpayers who buy a new car assembled in the U.S. may be able to deduct up to $10,000 from their taxable income beginning in 2025. To help sort out the details, the IRS is rolling out additional ...

Auto refinance rates start below 4% for qualified borrowers Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Edited By ...