Auto loan interest is the cost of borrowing money to purchase a car. The lender will look at your credit score, debt-to-income ratio and other factors to determine what interest rate it offers. To ...

A longer car loan may lower your monthly payment, but it could cost you thousands more in interest. See how a 7-year loan ...

Purchasing a car is a significant financial decision, and securing the right loan can make a substantial difference in your overall costs. Before you apply for a car loan, it’s essential to take ...

Our review covers Auto Approve auto refinancing and lease buyout loans. It also looks at the company's customer experience, transparency, loan affordability and more. NerdWallet's auto loans content, ...

The budget reconciliation bill, now signed into law, reintroduced an auto loan interest deduction and ended the electric vehicle (EV) tax credit. Many, or all, of the products featured on this page ...

The sweeping GOP tax bill calls for an above-the-line deduction of up to $10,000 in car loan interest during a given taxable year. You'd pay no tax on that interest, if you qualified. The proposed tax ...

Dana Menard Certified financial planner at Twin Cities Wealth Strategies Dana Menard is a Certified Financial Planner with over 20 years of experience in the financial services industry. He is the ...

Millions of car buyers in the U.S. could soon get some tax relief thanks to a provision in the so-called "big, beautiful bill" that was signed into law on July 4 by President Trump. The idea of giving ...

Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able to deduct interest on loans ...