The so-called "no tax on car loan interest" promise has enough dents and dings to leave plenty of car buyers upset when they discover they won't qualify for the much-publicized tax break on their 2025 ...
The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able to deduct interest on loans ...
With car prices set to rise, now might be the time to make a new car purchase. With rising car prices and fluctuating interest rates, finding a 0% APR financing deal in 2025 might feel like striking ...
Former President Donald Trump dropped a bit of a tax bombshell at the Detroit Economic Club on Thursday, saying he plans to propose making interest on car loans fully deductible. Trump, knowing the ...
Editorial Note: Content was created in partnership with Money Research Collective. Cars.com receives a commission from the partner links contained within the content. By Kimberlee Leonard Often, ...
There's no gain to be had in letting these types of loan run the natural course of their amortization. Get that debt off your ...
There’s no denying that the cost of motoring has increased in recent years, causing many new car buyers to favour financing. Options like personal contract purchase (PCP), personal contract hire (PCH) ...
Editor’s note: This story was updated Sept. 19, 2024, to reflect the Federal Reserve’s rate cut announcement. Wednesday brought some promising news to consumers who have held off on major purchases ...
Trends in automotive lending are moving in two different directions. According to new research from Edmunds, both long 84-month loans and short 48-month loans for new cars are on the rise as the ...
Although legitimate interest-free business loans do exist, options are few and far between. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...