A new tax deduction allows buyers to claim up to $10,000 a year on interest paid for new, American-made cars.
The deduction applies to qualifying vehicles purchased between Jan. 1, 2025, and Dec. 31, 2028.
To qualify, a vehicle must have its final assembly in the United States, which can be verified by its VIN.
The
Tax deduction available for certain cars. What you should know
