For the first time since the 1980s, car loan interest is tax-deductible under Trump's recent legislation. The deduction only ...

Learn how credit scores influence car loan interest rates in 2025.

A new deduction based on income lets you save money on a new auto purchase, but how much you'll save will vary state by state ...

Cheap Insurance reports that gap insurance can be essential for new car buyers to cover the financial gap between owed loan ...

Edmunds reports that a 60-month car loan is ideal, balancing payments and interest, while longer terms lead to higher costs ...

A new tax break in the “One Big Beautiful Bill Act” lets eligible buyers deduct interest on qualifying new vehicle loans from ...

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 a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Learn five strategies to reduce your car payment.

That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter of 2025, Edmunds reports. In auto industry parlance ...

“If you’ve got a low score but you have strong income and a good loan-to-value ratio, you can get refinanced,” Goodall said. Most lenders cap loan amounts at 125% of a car’s value. If your car is ...

The rise in late auto loan payments is a symptom of an increasingly unaffordable vehicle market, experts say. Households with ...