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New tax break on auto loans could save you thousands, but will it boost sales?
Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s ...
Trump tax break for auto loans could save buyers thousands — but will it boost sales?
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 ...
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6 Things to Know About Auto Loans This Year Before Taking One
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 ...
FOX 9 Minneapolis-St. Paul1d
The 'big, beautiful, bill' includes a car loan interest tax deduction. Do you qualify?
The Republicans' signature tax cut and spending package – dubbed the "big, beautiful bill" – that was signed into law last ...
There’s a new tax deduction for car loans in Trump’s ‘big, beautiful bill.’ Here’s who’s eligible—and what’s the catch
No Tax on Tips' wasn't the only new tax write-off signed into law. However, the car loan tax deduction only applies to ...
Car Loan Interest Tax Break: Who Qualifies Under The Big Beautiful Bill?
Anyone in the market for a car will soon be able to write off fees for their purchase as a tax exemption. The Senate ...
WJRT ABC124d
Here’s who will — and won’t — qualify for car loan interest deduction
President Donald Trump's mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, ...
NBC 6 South Florida25d
Fed holds interest rates steady: What that means for your credit cards ...
When the Fed hiked rates in 2022 and 2023, the interest rates on most consumer loans — including credit cards, auto loans and home equity lines of credit — quickly followed suit.