Car Ownership Answers
Quick answers to the most common questions about car costs, from insurance rates to maintenance schedules.
Is auto loan interest tax deductible in 2026?
Yes, you can deduct up to $10,000 in car loan interest on your 2026 tax return if you bought a new vehicle after December 31, 2024, and it was assembled in the U.S.
A Smart Guide to Lower Refinance Car Loan Rates in 2026
Is your car payment eating up a bigger slice of your budget than you’d like? If so, you’re definitely not alone. Finding a better refinance car loan rate can be a total game-changer, potentially shaving $50, $70, or even more off your monthly bill without the hassle of changing cars.
How to Refinance Car Loans for Big Savings
So, what exactly is refinancing a car loan? Think of it as trading in your old, clunky loan for a brand new one with better terms. A new lender pays off your existing car loan, and you start making payments to them instead—ideally with a lower interest rate or a more comfortable monthly payment.
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