
IRS Announces New Tax Benefits for Made-in-USA Car Buyers
The IRS announced that new cars assembled in the US purchased from 2025 to 2028 may qualify for a tax deduction on car loan interest, contingent on final assembly location, aiming to boost domestic auto manufacturing under Trump’s policy. About 14 of the top 25 models sold in 2024 are US-assembled, with potential for millions of qualifying vehicles, though some models assembled in multiple countries may not qualify.











