PRM-023 · Promise · Taxes
Make car loan interest deductible
Kept
Promised as a candidate on 2024. Last checked 18 Oct 2026.
“As part of our tax cuts, we will make interest on car loans fully deductible.”
What happened
Included in the July 2025 law for US-assembled cars.
Sources
Cite this promise
Public Trust Tracker. "Make car loan interest deductible" (PRM-023). Last checked 18 Oct 2026. https://publictrusttracker.org/promise/prm-023-make-car-loan-interest-deductible/
Suggest a fact check