Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, license charges or $349 documentation fee. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.
Ford Auto Loan Interest Deduction
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BUY A NEW FORD &
Deduct Your Auto Loan Interest
The One Big Beautiful Bill Act (OBBBA) brings major changes to federal vehicle incentives that directly impacts the savings on the purchase of a new Ford.
Effective July 2025 and running through 2028, individuals may deduct up to $10,000 annually in interest paid on loans used to purchase a qualified Ford vehicle, as long as the vehicle is for personal use and meets all eligibility requirements.
This offers a valuable benefit to Acton Ford customers who are planning to purchase a new Ford. Thanks to Ford’s commitment to U.S. manufacturing, many of the brand’s most popular models are assembled domestically. That means vehicles like the F-150, Bronco, Escape, Explorer, Mustang, Ranger and more may qualify for this interest deduction, providing real tax savings while supporting American-built products.
Shop New Ford InventoryEligibility
Deductible Amount
Eligible taxpayers may deduct up to $10,000 in annual interest paid or accrued on loans for qualifying new personal-use vehicles effective for 2025 through 2028.
Qualified Interest
This deduction applies to new Electric Vehicles (EVs), Hybrid vehicles, and Internal Combustion Engine (ICE) vehicles with loans originating between January 1, 2025, and December 31, 2028.
Qualified Vehicles
A qualified vehicle is a new Ford car, van, SUV, pick-up truck, with a gross vehicle weight rating of less than 14,000 pounds, and that has undergone final assembly in the United States. Lease payments and Used vehicles do not qualify.
Taxpayer Eligibility
Deduction is available for both itemizing and non-itemizing taxpayers. The taxpayer must include the Vehicle Identification Number (VIN) of the qualified vehicle on the tax return for any year in which the deduction is claimed. There are potential income eligibility thresholds associated with this deduction. Deduction begins to phase out for taxpayers with modified adjusted gross income over $100,000 ($200,000 for joint filers).
*Acton Ford recommends that you consult with a tax professional for personalized advice regarding your specific eligibility and to address any tax-related inquiries. The above information herein does not constitute tax or legal advice. Customers should consult with their own tax or legal professionals. For more information, please visit the IRS website.
Eligible Ford Vehicles | US - Manufactured
| US Assembly Plant | Vehicles Produced |
| Michigan Assembly Plant (MAP) |
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| Kansas City Assembly Plant (KCAP) |
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| Kentucky Truck Plant (KTP) |
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| Rouge Electric Vehicle Center (REVC) |
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| Chicago Assembly Plant (CAP) |
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| Louisville Assembly Plant (LAP) |
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| Flat Rock Assembly Plant (FRAP) |
|
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Acton Ford Inc
76 Powdermill Rd.
Route 62
Acton, MA 01720
- Sales: (978) 897-7000
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