The “No Tax on Car Loan Interest” provision in the One Big Beautiful Bill Act allows eligible new car buyers to deduct up to $10,000 in car loan interest per year. This deduction is only applicable to ...
For decades, Consumer Reports has presented 10 Top Picks among new vehicles, spotlighting the cars, SUVs, and trucks that shine brightest in our extensive road tests and exclusive member surveys. They ...
We may receive a commission on purchases made from links. Most owners of gas- and diesel-powered vehicles don't spend a lot of time thinking about car batteries until it's time to get a new one. After ...
Taxpayers who buy a new car assembled in the U.S. may be able to deduct up to $10,000 from their taxable income beginning in 2025. To help sort out the details, the IRS is rolling out additional ...
If your car's current value is less than the amount you owe, you have negative equity. This is also known as being upside down on your auto loan. When the time comes to purchase a new car, having ...
If you financed a vehicle recently, you may be eligible for a new tax break when you file your return for tax year 2025. Some car loan interest is now tax deductible in certain situations under the ...
The cost of the average car repair has increased in 2025. According to a study by Bankrate.com, American drivers will spend thousands of dollars in ownership costs. Car maintenance may be tedious, but ...
If you’re buying a new car, you’re probably wondering how uncertainty around tariffs will affect prices. You’re not alone. The entire auto industry is working through the White House’s recent ...