Drivers who purchased vehicles after Dec. 31, 2024, may now be eligible to claim the new car loan interest deduction, a key piece of the GOP tax law signed last year. The deduction allows qualifying ...

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. One of them is the new ...

If you want to avoid dealerships and buy from an individual, a private-party auto loan can help ...

Bad credit can be a barrier to being approved for a car loan or for getting favorable terms. Fortunately, even if your credit ...

Prices for used cars are the highest they’ve been since 2023, according to the latest update of Cox Automotive’s Manheim Used ...

The basics of the car loan interest deduction is that it must be a new vehicle assembled in the United States, with the loan being a first lien on the vehicle. The deduction has an annual limit of $10 ...

When applying for any sort of loan, it's important to show that you have a reliable source of income to repay what you borrow — and a car loan is no different. While it's certainly easier to secure an ...

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What ...

The APR, or Annual Percentage Rate, of a loan is the amount of interest you’ll be charged in one year for that loan. The APR is determined by the interest rate for your car loan. It also includes fees ...

The policy, signed into law in July 2025 in the One Big Beautiful Bill Act, comes with significant eligibility restrictions and conditions. Money; Getty Images Drivers who purchased vehicles after Dec ...