No Tax on Car Loan Interest for Qualifying Vehicles
Exciting news for car buyers. A new tax benefit can save you a lot of money when financing your next vehicle purchase at Giles Volvo Cars Lafayette in Lafayette, LA. Starting in 2025, qualifying vehicle purchases are eligible for a significant tax deduction on car loan interest, making it an ideal time to consider upgrading your current ride. It's part of the One Big Beautiful Bill passed by Congress in 2025.