The One, Big, Beautiful Bill Tax Deduction
Making auto loan interest deductible for new vehicles assembled in the USA.
Drive American, Save More
The “One Big Beautiful Bill Act” (OBBB) provides a temporary federal tax deduction for interest paid on auto loans for new, personal-use vehicles assembled right here in the United States. Between 2025 and 2028, eligible drivers can write off up to $10,000 in annual interest.
This deduction is available to both itemizers and non-itemizers, ensuring more families can benefit from choosing American-made Ford vehicles.
Key Eligibility Requirements
- Max Deduction: Up to $10,000 per year.
- Income Limits: Phases out after $100k (Single) / $200k (Joint).
- Assembly: Must be final-assembled in the USA.
- Vehicle Status: New vehicles (2025-2028).
Special Note: Ford Courtesy Transport Vehicles (FCTP), Executive Demos, and Loaners qualify if purchased with a new vehicle auto loan.
Which Models Qualify?
Most of our popular lineup qualifies for this significant tax saving. However, per the legislative language, models assembled outside the U.S. are excluded.
Ineligible Models Include: Maverick, Bronco Sport, and Mustang Mach-E.
Please contact our team to verify the VIN-specific assembly location for the model of your choice.
Legal & Tax Disclaimer
Pursuant to SEC. 110104 of the One Big Beautiful Bill Act (House Committee Print 119-3): The deduction applies to indebtedness incurred after December 31, 2024, for the purchase of an applicable passenger vehicle for personal use. Interest must be paid on a loan secured by a first lien. This information is for educational purposes only. Rich Ford Edgewood does not provide tax advice. Please consult with a certified tax professional to determine your specific eligibility.
