Made in America: Ford Auto Loan Interest Deduction

Are you ready to drive a new Ford while enjoying significant tax savings? At Hardee Ford in South Hill, we're excited to introduce the Auto Loan Interest Deduction. This unique opportunity allows eligible taxpayers to deduct up to $10,000 annually on interest from auto loans for qualifying vehicles assembled in the United States.1

REFINANCE CAR inscription on the screen. Close up Broker hands holding black smart phone.
Auto loan refinance concept. The man offers to sign the document.

How the Auto Loan Interest Deduction Works

To take advantage of this valuable tax benefit, you must secure a loan for a qualifying new Ford by December 31, 2028.1 The deduction applies to the interest paid on loans for vehicles assembled in the U.S., such as those from Ford, the leader in American assembly.

Keep in mind that the deduction phases out for single filers with a modified adjusted gross income over $100,000 and joint filers over $200,000.1

Stack of money being handed over.

Ford Vehicles Eligible for the Auto Loan Interest Deduction

Ford Motor Company assembles more vehicles in the U.S. than any other manufacturer, making many of their models eligible for this deduction. From the versatile Ford F-150 truck to the stylish Explorer SUV, the lineup at our South Hill Ford dealer includes a range of vehicles that qualify for this tax-saving opportunity.

Want to learn which new Ford vehicles are eligible for the Auto Loan Interest Deduction? Visit Hardee Ford and we'll help you compare Ford models and book a test-drive.