11/27/2025
📍 In 2025 you may be able to deduct up to $10,000 of auto loan interest…even if the car is 100% personal use.
(No business use required.)
Key requirements to qualify:
• Brand new car
• Gross vehicle weight under 14,000 lbs
• Final assembly in the U.S.
• Loan must start in 2025
• Income under $100k single or $200k joint
• Deduction is above the line (works with the standard deduction)
Most people won’t plan ahead for this, but smart tax planning always happens before the purchase, not after.
We are almost at the end of the year. Book your tax strategy call!
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Disclaimer: This content is for educational purposes only, not tax advice.