Interest on new car loans is now tax deductible up to $10,000—here's how much buyers may actually save
- Posted on February 13, 2026
- By CNBC
- 4 Views
Interest on new car loans is now tax deductible up to $10,000—here's how much buyers may actually save
A new tax break offers deductions of up to $10,000, but income limits and loan rules mean most buyers will see much smaller savings.
