Cars, minivans, vans, SUVs, pickup trucks, or motorcycles, weighing less than 14,000 pounds qualify, according to the IRS.

The law does not automatically provide a tax break for interest on every car loan. Only new car buyers who meet these ...

The Internal Revenue Service has released proposed regulations clarifying how a new auto loan interest deduction will work, ...

Auto loans can be a huge expense — the average American with a new car paid $748 per month, while the owner of a used car ...

The percentage of new car buyers opting for longer auto loans is increasing. The downside of lower monthly payments: ...

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

He almost signed his own deportation. A habeas petition in a New Mexico federal court saved him.

The Federal Reserve cut its benchmark in December again, but auto loan rates haven’t moved much in recent months, in part due ...

Learn how financing a car works and discover how this type of borrowing can help you afford the vehicle of your dreams.

Record $50,000 car prices are being sustained less by wealth and more by longer, riskier loans, raising questions about ...

As tax season descends, a new program allowing tax deductions for some new car loans could save some Texans money.

The total shelled out on average for new vehicles also has hit an all-time high, with customers financing $43,759 and paying ...