Auto loan interest is the cost of borrowing money to purchase a car. The lender will look at your credit score, debt-to-income ratio and other factors to determine what interest rate it offers. To ...

A longer car loan may lower your monthly payment, but it could cost you thousands more in interest. See how a 7-year loan ...

Purchasing a car is a significant financial decision, and securing the right loan can make a substantial difference in your overall costs. Before you apply for a car loan, it’s essential to take ...

Weigh the pros and cons of paying off your auto loan early and consider your financial situation. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

The budget reconciliation bill, now signed into law, reintroduced an auto loan interest deduction and ended the electric vehicle (EV) tax credit. Many, or all, of the products featured on this page ...

Dana Menard Certified financial planner at Twin Cities Wealth Strategies Dana Menard is a Certified Financial Planner with over 20 years of experience in the financial services industry. He is the ...

Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able to deduct interest on loans ...