Big Beautiful Bill Includes Auto Loan Tax Break, Some Restrictions Do Apply
Jalopnik
JULY 16, 2025
Up to $10,000 of loan interest may be deducted each year for 2025 through 2028 light vehicles (weighing under 14,000 pounds) made in the USA. However, the vehicles must be for personal use, not for fleets or businesses. Another aspect that could trick people is that the deduction is only available for vehicles built in the U.S.,
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