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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, ...
Anyone in the market for a car will soon be able to write off fees for their purchase as a tax exemption. The Senate ...
After excluding fleet and commercial vehicles and customers above the income cutoff, an estimated 3.5 million new vehicle ...
President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting.
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 ...
If you receive a $50K windfall, have a small car loan, no credit card debt, and limited expenses, what should you do with the ...
The average interest rate on a two-year personal loan was 11.57% in the second quarter of 2025, according to the Federal Reserve. But depending on your credit history, income and other ...
“Fed should cut Rates by 3 Points. Very low inflation. One Trillion Dollars a year would be saved!!!,’’ he wrote on his Truth Social platform. With inflation rising slightly and job numbers relatively ...
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 ...
New GOP spending and tax cut plan looks to boost American-made auto sales with a tax incentive allowing a deduction for the ...