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Buying a new car can be expensive, but there’s some good news for future buyers. Starting in 2025 and through 2028, you may be able to deduct up to $10,000 a year in interest paid on certain new car loans when fi...

Congress passed a new tax law as part of the "One Big Beautiful Bill Act," signed by President Trump on July 4, 2025. This law lets people deduct up to $10,000 per year in car loan interest paid on ...

During the COVID-19 pandemic, millions of Americans received stimulus checks from the federal government, totaling about $814 billion. These payments helped many families get through tough time...

These days, more people find themselves in a tricky situation with their car loans. They owe more money on their car loans than their vehicles are worth. This is often called being "upside dow...

Buying a car can be exciting, but it can also get confusing—especially with all the paperwork, fees, and financing options involved. Auto loans are often necessary for many buyers, but not all...

In a recent update, the IRS has come up with a solution for electric vehicle (EV) buyers who didn't get their tax credits. This decision comes after reports that some people missed out on these savings ...

Volkswagen, the car manufacturer from Germany, has informed its American dealerships that it will be adding a new "import fee" to the prices of its cars brought into the U.S. This change is set to begin l...

As we navigate through 2024, the financial landscape, especially concerning savings accounts and auto loan rates, remains a topic of interest. With the Federal Reserve's recent halt on chan...

Buying a car can be different depending on where you live. The amount of tax, the cost for paperwork, and how many cars are available can change a lot from one state to another.  In this articl...