New Car Loan Interest Tax Deductions
New tax deductions are now available on eligible new vehicles financed from December 31, 2024, through the 2028 tax year. All U.S. taxpayers who meet the minimum qualifications and finance an eligible vehicle during the applicable tax years can qualify for up to a $10,000 tax deduction annually when they finance a new vehicle. To learn more about which vehicles qualify for the deduction, contact Northpointe Chrysler Dodge Jeep Ram to schedule a test drive and discuss the criteria with our finance team.







