A new tax deduction lets car buyers write off up to $10,000 in loan interest -- if they meet these key requirements. Find out what you need to qualify here.

Edmunds reports EV tax credits will end September 30, 2025. New buyers can claim up to $7,500; used buyers up to $4,000, with eligibility requirements.

The new rules governing the federal tax credit for electric vehicles come into effect on Tuesday, throwing some vehicles completely out of the bracket and trimming the benefits for others.

Sweeping tax and budget legislation approved by Congress on Thursday means $7,500 tax credits for buying or leasing new electric vehicles will end on Sept. 30, as well as a $4,000 used EV credit ...