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GOBankingRates on MSN6 Things to Know About Auto Loans This Year Before Taking OneShopping 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 ...
The new tax law signed by President Donald Trump creates a federal tax deduction for interest on auto loans. Starting this ...
Purchasing a car is typically the second-largest purchase Americans will make. Buying a new car, however, exacerbates the ...
The Republicans' tax cut and spending package, dubbed the "big, beautiful bill," includes a tax deduction for car loan ...
You can deduct up to $10,000 in interest on a loan for a new U.S.-made car. (Less, if you make more than $100,000.) You probably won't reach the limit, as the average new car loan has $4,450 in ...
A record 1 in 5 new-car shoppers took on a $1,000+ monthly car payment in Q2 2025, according to the latest data shared by ...
The perceived net worth required for financial comfort was $329,000 for Gen Z respondents, while millennials put it at $847,000, members of Gen X said $783,000 and baby boomers said $943,000.
Anyone in the market for a car will soon be able to write off fees for their purchase as a tax exemption. The Senate ...
How much are you willing to spend for a new ride? According to the car shopping site Edmunds, the amount of people paying ...
President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, ...
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