Learn About the New Auto Loan Tax Breaks and How You Could Save
Car buyers in the West Chester area have a new way to save on their vehicle purchases thanks to the recently passed "One Big Beautiful Bill" (OBBB). The bill allows for a federal tax deduction of up to $10,000 per year in interest paid on auto loans for new vehicles assembled in the United States. Many popular Ford models, including the Ford F-150, Ford Bronco, and Ford Explorer, are built right here in America and qualify for these savings.