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‘Big, Beautiful Bill’ Car Loan Interest Deduction


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Washington DC July 1, 2025;
  • Made in America qualified passenger vehicles that are "manufactured primarily for use on public streets, roads, and highways," can write off up to $10,000 a year in interest paid over a maximum three year qualifying auto loans
  • The vehicle could be a car, minivan, van, sport utility vehicle, pickup and even a motorcycle.
  • The tax break is for interest paid on cars that are new and assembled in USA
  • Car buyers earning more than $100,000 or couples making over $200,000 not qualified.
  • Supporters of this above the line tax deduction* believe it will provide direct financial relief to car buyers and boost sales of carmakers with American workers.

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Make Model U.S. Final Assembly

Acura TLX Marysville, Ohio, USA Acura Integra Marysville, Ohio, USA Acura MDX Marysville, Ohio, USA Acura RDX Marysville, Ohio, USA Acura ZDX Spring Hill, Tennessee, USA BMW X3 Spartanburg, South Carolina, USA BMW X4 Spartanburg, South Carolina, USA BMW X5 Spartanburg, South Carolina, USA BMW X6 Spartanburg, South Carolina, USA BMW X7 Spartanburg, South Carolina, USA BMW XM Spartanburg, South Carolina, USA Buick Enclave Lansing, Michigan, USA Cadillac Celestiq Larsing, Michigan, USA Cadillac CT4 Lansing, Michigan, USA Cadillac CT5 Lansing, Michigan, USA Cadillac Escalade Arlington, Texas, USA Cadillac Escalade IQ Detroit, Michigan, USA Cadillac Lyriq Spring Hill, Tennessee, USA Cadillac Vistiq Spring Hill, Tennessee, USA Cadillac XT5 Spring Hill, Tennessee, USA Cadillac XT6 Spring Hill, Tennessee, USA Chevrolet Corvette Bowling Green, Kentucky, USA Chevrolet Tahoe Arlington, Texas, USA Chevrolet Suburban Arlington, Texas, USA Chevrolet Traverse Lansing, Michigan, USA Chevrolet Colorado Wentzville, Missouri, USA Chevrolet Silverado 1500/2500 Flint, Michigan, Springfield, Ohio, and Fort Wayne, Indiana, USA Chevrolet Silverado EV Detroit, Michigan, USA Dodge Durango Detroit, Michigan, USA Ford Bronco Wayne, Michigan, USA Ford Escape Louisville, Kentucky, USA Ford Expedition Louisville, Kentucky, USA Ford Explorer Chicago, Illinois, USA Ford F-150 Dearborn, Michigan and Kansas City, Missouri, USA Ford F-150 Lightning Dearborn, Michigan, USA Ford Ranger Wayne, Michigan, USA Ford Super Duty Louisville, Kentucky and Avon Lake, Ohio, USA Ford Mustang Flat Rock, Michigan, USA Genesis GV70 Montgomery, Alabama, USA GMC Acadia Delta Township, Michigan, USA GMC Hummer EV Detroit, Michigan, USA GMC Yukon Arlington, Texas, USA GMC Canyon Wentzville, Missouri, USA GMC Sierra Roanoke, Indiana, USA GMC Sierra EV Detroit, Michigan, USA Honda Accord Marysville, Ohio, USA Honda Civic Greensburg, Indiana and East Liberty, Ohio, USA Honda CR-V Greensburg, Indiana and East Liberty, Ohio, USA Honda Passport Lincoln, Alabama, USA Honda Pilot Lincoln, Alabama, USA Honda Ridgeline Lincoln, Alabama, USA Honda Odyssey Lincoln, Alabama, USA Hyundai Elantra Montgomery, Alabama, USA Hyundai Sonata Montgomery, Alabama, USA Hyundai Tucson Montgomery, Alabama, USA Hyundai IONIQ 5 Georgia, USA Hyundai IONIQ 9 Georgia, USA Hyundai Santa Cruz Montgomery, Alabama, USA Hyundai Santa Fe Montgomery, Alabama, USA Infiniti QX60 Smyrna, Tennessee, USA Jeep Grand Cherokee Detroit, Michigan, USA Jeep Wagoneer Warren, Michigan, USA Jeep Grand Wagoneer Warren, Michigan, USA Jeep Wrangler Toledo, Ohio, USA Jeep Gladiator Toledo, Ohio, USA Kia EV6 West Point, Georgia, USA Kia EV9 West Point, Georgia, USA Kia K5 West Point, Georgia, USA Kia Telluride West Point, Georgia, USA Kia Sportage West Point, Georgia, USA Kia Sorento West Point, Georgia, USA Lexus ES Georgetown, Kentucky, USA Lexus TX Princeton, Indiana, USA Lincoln Aviator Chicago, Illinois, USA Lincoln Corsair Louisville, Kentucky, USA Lincoln Navigator Louisville, Kentucky, USA Lucid Air Casa Grande, Arizona, USA Lucid Gravity Casa Grande, Arizona, USA Mazda CX-50 Huntsville, Alabama, USA Mercedes-Benz GLE Tuscaloosa, Alabama, USA Mercedes-Benz GLS Tuscaloosa, Alabama, USA Mercedes-Benz EQE SUV Tuscaloosa, Alabama, USA Mercedes-Benz EQS SUV Tuscaloosa, Alabama, USA Nissan Altima Smyrna, Tennessee, USA Nissan Rogue Smyrna, Tennessee, USA Nissan LEAF Smyrna, Tennessee, USA Nissan Pathfinder Smyrna, Tennessee, USA Nissan Frontier Canton, Mississippi, USA Nissan Titan Canton, Mississippi, USA Nissan Murano Canton, Mississippi, USA Polestar Polestar 3 Ridgeville, South Carolina, USA Ram Ram 1500 Sterling Heights, Michigan, USA Rivian R1T Normal, Illinois, USA Rivian R1S Normal, Illinois, USA Subaru Crosstrek Lafayette, Indiana, USA Subaru Outback Lafayette, Indiana, USA Subaru Legacy Lafayette, Indiana, USA Subaru Ascent Lafayette, Indiana, USA Tesla Model 3 Fremont, California, USA Tesla Model Y Austin, Texas, USA Tesla Cybertruck Austin, Texas, USA Tesla Model S Fremont, California, USA Tesla Model X Fremont, California, USA Toyota Corolla Blue Springs, Mississippi, USA Toyota Camry Georgetown, Kentucky, USA Toyota RAV4 Georgetown, Kentucky, USA Toyota Highlander Princeton, Indiana, USA Toyota GrandHighlander Prineton, Indiana, USA Toyota Sequoia San Antonio, Texas, USA Toyota Sienna San Antonio, Texas, USA Toyota Tundra San Antonio, Texas, USA Toyota Corolla Cross Huntsville, Alabama, USA VinFast VF8 North Carolina, USA VinFast VF9 North Carolina, USA Volkswagen AtlasCrossSport Chattanooga, Tennessee, USA Volkswagen Atlas Chattanooga, Tennessee, USA Volkswagen ID.4 Chattanooga, Tennessee, USA Volvo S60 Ridgeville, South Carolina, USA Volvo EX90 Ridgeville, South Carolina, USA

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NATSO (Fuel Retailers) Comment's On "Big Beautiful Bill"

ALEXANDRIA, Va., July 3, 2025 NATSO, representing truck stops and travel centers, and SIGMA: America's Leading Fuel Marketers issued the following statement praising Congress for passing its reconciliation bill, a sweeping tax reform package that will drive growth, investment, and job creation within the fuel retail and travel center industries. The following statement can be attributed to David Fialkov, Executive Vice President of Government Affairs for NATSO and SIGMA.

"We thank the Trump Administration and Congressional Leaders for advancing a strong tax reform package that advances our nation's economic and energy goals while supporting the fuel retail and travel center industries through a competitive tax environment and technology-neutral biofuels policies."

"This legislation marks a major victory for the nation's fuel retailers, their employees and the communities in which they operate. We applaud the inclusion of key tax provisions, such as the 199A Qualified Business Income Deduction and the full expensing of capital investments, which help spur innovation in our competitive marketplace."

"NATSO and SIGMA, which together represent nearly 90 percent of fuel sold at retail, strongly support the revision to the '45Z' Clean Fuel Production Tax Credit, which restores equal tax treatment between sustainable aviation fuel (SAF) and other advanced biofuels such as biodiesel and renewable diesel. Modifying '45Z' to be technology-neutral marks a critical step in revitalizing U.S. biofuel production.

"Incentivizing SAF at the same tax rate as all other biofuels will result in more gallons of biofuel being produced and consumed at a lower cost to taxpayers."

About NATSO and SIGMA

NATSO is the trade association representing America's travel center and truck stop industry. Founded in 1960, NATSO represents the industry on legislative and regulatory matters; serves as the official source of information on the diverse travel center, truck stop and off-highway fuel retail industries; provides education to its members; conducts an annual convention and trade show; and supports efforts to generally improve the business climate in which its members operate. For more information visit NATSO.com. Follow NATSO on Facebook; Instagram; LinkedIn; and X. Contact: Tiffany Wlazlowski Neuman, Vice President, Public Affairs. 202-365-9459.

SIGMA is the national trade association representing the most successful, progressive, and innovative fuel marketers and chain retailers in the United States and Canada. Founded in 1958 as the Society of Independent Gasoline Marketers of America (SIGMA), SIGMA has become a fixture in the motor fuel marketing industry. Representing a diverse membership of approximately 250 independent chain retailers and marketers of motor fuel, the association serves to further the interests of both the branded and unbranded segment of the industry while providing information and services to members. For more information visit SIGMA.org.

Media Contact: 
Tiffany Wlazlowski  
twlazlowski@natso.com 

SOURCE NATSO, Inc.