Auto loans can be a huge expense — the average American with a new car paid $748 per month, while the owner of a used car ...
Cars, minivans, vans, SUVs, pickup trucks, or motorcycles, weighing less than 14,000 pounds qualify, according to the IRS.
Bankrate on MSN
Bankrate’s Interest Rate Forecast for 2026: See what’s next for mortgage rates, credit card rates, auto loans and more
Everything Americans thought they knew about personal finance was upended when the Federal Reserve started aggressively ...
Guessing Headlights on MSN
What the new $10,000 auto loan interest deduction really means for car buyers
A viral post claims a $10,000 tax credit for buying American cars. The truth is a more modest deduction for loan interest. We ...
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 buying new U.S.-assembled vehicles could unlock major tax savings in 2026. Trumps new tax law allows up to $10,000 in ...
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 ...
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 ...
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