Money Talks News on MSN
The New Tax Deduction for Car Loans Isn’t As Great As It Sounds. Here’s How It Works.
The new tax deduction on car loan interest is only available for tax year 2025 through tax year 2028. So, you can only use it ...
Money Talks News on MSN
Trump's New Car Loan Tax Break Could Save You Thousands – But There's a Catch
For the first time since the 1980s, car loan interest is tax-deductible under Trump's recent legislation. The deduction only ...
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Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to reporting requirements.
New tax law allows deduction of up to $10,000 in auto loan interest for U.S.-assembled vehicles Applies to new personal-use vehicles purchased from 2025–2028 Phases out for individuals earning over ...
With defaults and late payments rising, auto financing is getting riskier. Learn how growing delinquency rates impact your ...
Edmunds reports that negative equity occurs when car loans exceed vehicle value, impacting many buyers; strategies exist to address this issue.
Newly released figures from the Finance & Leasing Association (FLA) has indicated new business volumes in consumer car finance grew by 5% in September 2025 compared with the same month in 2024. The ...
On a chill October night in Virginia, a Wall Street Journal reporter rode shotgun with a repo crew as they scanned license ...
Can you buy a new car with bad credit in 2025? Yes, it’s possible, but it’s tricky and carries some risks. Still, it can be done if you do your homework and plan properly. Ideally, you should avoid ...
American households carry $1.66 trillion in auto loan balances collectively as of Q3 2025, according to the Federal Reserve Bank of New York (1). While there may be many different reasons that justify ...
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