New 2025 Tax Bill: What It Means for Car Buyers in 2025

What Is the New Tax Bill of 2025?

In 2025, a new law bill was signed to give car buyers a break. If you’re buying a new vehicle that’s assembled in the United States and you finance it, you could deduct up to $10,000 in auto loan interest on your taxes each year.

How It Works

• Loan must be for a new vehicle
• Vehicle must be assembled in the U.S. (VIN starts with 1, 4, or 5)
• Loan must start in 2025, 2026, 2027, or 2028
• Used for personal driving only (not business/fleet)

Even if you take the standard deduction, this benefit still applies. That’s huge!

Who Qualifies?

Most everyday buyers do—but there are income limits. If your income is under $100,000 (single) or $200,000 (joint), you get the full benefit. If you make more, it phases out slowly.

What Can You Save?

If you finance a new car and pay interest, the average buyer could save $400–$500 or more on their tax return just in the first year.

Which Vehicles Qualify?

Only new U.S.-assembled vehicles qualify. We’ve made it easy—click below to view eligible vehicles.

→ Shop Eligible Vehicles Now

What About Electric Vehicles?

If you're shopping for an EV, act fast! The $7,500 federal EV tax credit ends on September 30, 2025. That means now is the perfect time to stack your savings while it's still available.

Why Shop at Beadle Auto Group?

We’re here to make things easy. Our finance team will help you understand your options and get the most from every incentive. We carry new Chevrolet, GMC, Ford, Lincoln, Chrysler, Dodge, Jeep, and Ram vehicles—many of which qualify for this tax break.

→ Shop Eligible Vehicles Now

This blog is for informational purposes only. Please consult your tax professional for personal tax advice.