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A new federal law has cracked open the door for car buyers to deduct interest on auto loans for the first time in decades, ...
The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s new tax-cut law, many people for the first time could also claim a tax ...
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 ...
Shopping 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 ...
After excluding fleet and commercial vehicles and customers above the income cutoff, an estimated 3.5 million new vehicle loans could be eligible for the tax break this year, if purchasing patterns ...
The lowest auto loan rates start at 4.09% and the lowest rate companies are Navy Federal, Autopay, PenFed Credit Union and myAutoloan.
All new car and truck buyers who take out a car loan won't qualify for the tax deduction. Much will depend on your income, and the vehicle you buy.
You could benefit from refinancing now if you took out an auto loan while rates were at their peak or your financial health was shaky. Learn when to refinance a car loan.
Looking to buy a car without stretching your budget? A used car loan can help you drive home a pre-owned vehicle with ease and affordability.
Experian Auto Loan Interest Rate Trends New car loan interest rates are generally lower than used car loan rates, and there are a couple of reasons for that.