Starting this year, taxpayers can deduct up to $10,000 of interest annually on loans for new vehicles assembled in the U.S.

Incentives worth thousands of dollars to help people buy electric vehicles will begin expiring in the coming months amid ...

One in five car buyers in the second quarter agreed to a $1,000-a-month car loan payment and increasingly more are taking out ...

At a 9.3% interest rate, an average new vehicle buyer could save about $2,200 on taxes over four years, Smoke said. The tax savings would be less on a loan at 6.5%, which is the rate figured into ...

One in five car buyers in the second quarter agreed to a $1,000-a-month car loan payment and increasingly more are taking out seven-year-long loans.

Based on the survey, which analyzed the responses of over 14,000 people intending to buy a new car, straightforward sedans were seen as especially appealing. Gas engines were a first choice, with just ...

The recently passed multi-Trillion Dollar tax bill may bring a big shakeup to the auto industry with incentives both coming and going that will impact how people buy.

Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s ...

With his sister, Lea Marquez Peterson, they opened four gas stations. Realizing that a lot of his insurance business came from auto buyers, Marquez bought an auto dealership.

Hope Scholarships receive funding from automobile buyers, who "may designate $105 of the state sales tax due at the time of purchase or registration to an eligible nonprofit scholarship-funding ...