American drivers are understandably excited about a new tax break of up to $10,000 per year touted in the recently passed One Big Beautiful Budget Bill Act (H.R. 1). However, according to Caribou, a ...

OBBBA promises new tax breaks for tips, overtime, and car loan interest—but hidden limits and fine print mean many taxpayers may see far less benefit than expected.

Get the car buying tips and tricks you need to get a great deal and avoid hassles from Consumer Reports' experts.

Auto loan delinquencies just hit a 15-year high. Consumers are skipping car payments, signaling deeper financial stress.

Aftab Automobiles and Navana CNG — have defaulted on nearly Tk100 crore loans from Janata Bank, prompting legal action by the state-owned lender. Navana Batteries Ltd, a subsidiary of Aftab ...

A new federal law has cracked open the door for car buyers to deduct interest on auto loans for the first time in decades, ...

The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.

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

President Trump’s ‘One Big Beautiful Bill’ introduces a new tax deduction for car loan interest, with savings up to $2,200. Find out who qualifies and how it could affect your finances.