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The new tax deduction for car loans isn’t as great as it sounds. Here’s how it works.
The new tax deduction on car loan interest is only available for tax year 2025 through tax year 2028. So, you can only use it ...
Paying off your car early can potentially save money.
New car loan interest deduction lets buyers write off up to $10,000—but the real winners may be automakers, not middle-class ...
A new tax break in the “One Big Beautiful Bill Act” lets eligible buyers deduct interest on qualifying new vehicle loans from 2025-2028. | A live look at what happened today, what’s happening now, and ...
Average car loan interest rates for excellent credit start at 5.50% for new cars and 6.90% for used cars, based on factors such as your credit score, type of car and whether you’re buying a new or ...
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...
Learn five strategies to reduce your car payment.
Learn about title loans, how they work, their costs, and risks involved. Ideal for those with poor credit, yet can be costly with high APRs. Understand better options.
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How long should a car loan be?
Edmunds reports that a 60-month car loan is ideal, balancing payments and interest, while longer terms lead to higher costs ...
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