Interest Tax Deduction

๐Ÿš— MAX TAX SAVINGS: Deduct Up to $10,000 in Auto Loan Interest!

Now available on qualifying new vehicles from Chrysler, Dodge, Jeep, and Ramโ€”starting in 2025!

๐Ÿ’ฐ Whatโ€™s the Deal?

Under a new federal tax law signed in July 2025, customers who finance a new, personal-use, U.S.-assembled vehicle can deduct up to $10,000 per year in auto loan interestโ€”just like mortgage interest.

This deduction applies to purchases made from January 1, 2025, through 2028. It’s a huge win for buyersโ€”and weโ€™re here to help you take advantage of it!

โœ… Who Qualifies?

To be eligible for this new deduction:

  • You must finance a new vehicle (not used or leased)

  • It must be used for personal use, not business or commercial

  • Your adjusted gross income must fall within the limits:

    • Phase-out begins at $100,000 for individuals and $200,000 for joint filers

    • Fully phases out at $150,000 / $250,000

  • The vehicle must be finally assembled in the United States

    • Chrysler, Dodge, Jeep, and Ram vehicles built in U.S. plants typically qualify

    • To confirm, check that the VIN starts with 1, 4, 5, or 7

Not sure if your vehicle qualifies? Let us check your VIN for youโ€”free of charge!

๐Ÿš™ Eligible CDJR Models May Include:

  • Jeep Grand Cherokee

  • Jeep Gladiator

  • Jeep Wrangler

  • Dodge Durango

  • Ram 1500

  • โ€ฆand more!

Call or visit to confirm availability and final assembly location.

๐Ÿ“… When Does It Apply?

This deduction applies to auto loans originated on or after January 1, 2025 and is valid through 2028.

๐Ÿ” How We Can Help

At Greenville CDJR, we make it easy to take advantage of this opportunity:

  • โœ… Weโ€™ll check your VIN to confirm eligibility

  • โœ… Weโ€™ll help you find financing options that work with the new deduction

  • โœ… Weโ€™ll estimate your potential tax savingsโ€”no strings attached!

๐Ÿ“ž Ready to Save?

Fill out the quick form below or stop by our dealership. Weโ€™ll help you:

  • Confirm your vehicle qualifies

  • Secure competitive financing

  • Understand your tax deduction options

๐Ÿ“ Check Eligibility & Estimate My Savings

๐Ÿ”’ Disclosure:

Up to $10,000 per year in auto loan interest may be deductible under federal tax law for qualifying personal-use vehicles financed after January 1, 2025. Eligibility depends on personal income, loan structure, vehicle weight, and final assembly in the U.S. Vehicles with VINs beginning in 1, 4, 5, or 7 are generally U.S.-assembled. Income phase-out starts at $100,000 for individuals/$200,000 for joint filers. Consult a tax advisor for personal eligibility. Offer and inventory subject to change.