KEY TAKEAWAYS Under a new tax break from the "One Big, Beautiful Bill," taxpayers will be able to deduct part of the interest ...

The One Big Beautiful Bill Act created a temporary car loan interest deduction for American-made vehicles through 2028, which ...

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

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

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 much-touted new tax breaks for tips, overtime, seniors and car loan interest have a lot of income tax filers expecting a ...

As new vehicle prices climb past $50,000 on average, more Americans are turning to 84 month loans just to afford a new car.

NerdWallet is committed to editorial integrityMany or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not ...

The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...

Discover 5 ways UFCU helps car buyers save money with affordable auto loans, expert guidance and protection programs to reduce financial stress.

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

Consumers who have done their homework in advance of buying a car know that if they need to finance the new or used vehicle, it is best to arrive at the dealership with a loan arranged in advance of ...