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To fulfill Trump's campaign promise, House GOP lawmakers want to offer a tax deduction for car loan interest. How would it ...
A used car lot in San Pablo, California. Inflation, interest rates and high prices are at the root of consumers falling behind on auto loans, experts say. (Justin Sullivan/Getty Images) Update, Sept.
In other words, taxpayers who itemize deductions or claim the standard deduction wouldn’t pay tax on auto loan interest up to $10,000. However, your income and the vehicle type you purchase ...
According to findings on auto financing from Experian, Americans took out a record number of auto loans in the third quarter, and interest rates slid to their lowest level in at least six years.
DETROIT — A growing number of Americans with auto loans owe more than their vehicles are worth, according to a report Tuesday from Edmunds.com. The auto data and consumer research company ...
Inflation-squeezed Americans are defaulting on their auto loans at levels not seen in nearly ... citing Fitch Ratings data. Getty Images Should the Fed keep rates higher for longer in its quest ...
Called as the "Keys to Safety" the package includes easy financing, affordable EMIs with ... While the Indian auto sector did not witness any dramatic changes in tax norms, Finance Minister ...
President George W. Bush stepped in Friday to keep America’s auto industry afloat, announcing a $17.4 billion bailout for GM and Chrysler, with the terms of the loans requiring that the firms ...
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