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Starting this year, taxpayers can deduct up to $10,000 of interest annually on loans for new vehicles assembled in the U.S.
President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, ...
At a 9.3% interest rate, an average new vehicle buyer could save about $2,200 on taxes over four years, Smoke said. The tax savings would be less on a loan at 6.5%, which is the rate figured into ...
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GOBankingRates on MSN6 Things to Know About Auto Loans This Year Before Taking OneShopping for a new car is exciting, but taking out a loan to pay for it can be overwhelming in the long run if you're not prepared. Auto loan terms, interest rates, and lender practices change ...
CNBC Select evaluated dozens of auto loan providers based on loan terms, car buying experience and other factors to determine the best car loans.
When the Fed hiked rates in 2022 and 2023, the interest rates on most consumer loans — including credit cards, auto loans and home equity lines of credit — quickly followed suit.
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