Auto Loan Interest Deduction


Save Up to $10,000 With the New Auto Loan Interest Deduction

Starting July 4, 2025, buying your next Ford just got a whole lot smarter. Qualifying customers can now deduct up to $10,000 per year in interest paid on their auto loan.

At Beechmont Ford, we’re here to help you take full advantage of this new federal tax incentive, available through 2028.


What Is It?

The new Auto Loan Interest Deduction allows eligible buyers to deduct a portion of the interest paid on their auto loan for qualifying new vehicles. That’s real savings on a vehicle you already need.

  • Up to $10,000/year in deductions
  • Applies to many new Ford vehicles
  • Available now through December 31, 2028

Who Qualifies?

You may be eligible if:

  • You're buying a new, personal-use vehicle (not used or commercial)
  • Your loan starts between January 1, 2025, and December 31, 2028
  • The vehicle is assembled in the United States (check if the VIN begins with 1, 4, or 5)
  • The loan is secured by a first lien
  • Your income is under:
    • $100,000 for single filers
    • $200,000 for joint filers

Why Shop Beechmont Ford?

As part of the Ford for America initiative, most of our Ford lineup is proudly assembled in the USA. That means many vehicles sold at Beechmont Ford will qualify under the new federal deduction.

From the dependable F-150 to hybrid and electric models, we have options that deliver performance, value, and tax savings.


We’re Here to Help

Our team at Beechmont Ford is trained to:

  • Help you identify eligible vehicles by verifying the VIN
  • Explain the basics of how this deduction works
  • Point you toward helpful IRS resources and tax professionals for next steps

Note: We cannot offer tax advice. Please consult a tax professional for personalized guidance.


Frequently Asked Questions (FAQ)

How much can I deduct?

Up to $10,000 per year in interest paid on a qualifying auto loan.

Do Ford vehicles qualify?

Yes. Ford’s U.S. manufacturing focus means that many of our models meet the final assembly requirement.

Can I claim this deduction for a used car?

No. Only new, personal-use vehicles qualify.

Does income impact eligibility?

Yes. The deduction begins to phase out at $100,000 (single) or $200,000 (joint) in modified adjusted gross income.

Can Beechmont Ford confirm if I qualify?

We can confirm if a vehicle qualifies. For personal tax eligibility, you should consult a licensed tax professional.

Note: Eligibility for this tax depends on your financial situation. Please speak with a qualified tax advisor.

Where can I get more information?

Visit IRS.gov for full program details.


Let’s Get Started

This is a great time to take advantage of a major federal incentive and drive home a vehicle you’ll love. Our team is ready to walk you through the process, answer your questions, and help you find a Ford that qualifies.

Beechmont Ford Inc

600 Ohio Pike Cincinnati, OH 45245
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Sales 283-201-2536
Service 283-201-2531
Parts 283-201-2541
Body Shop 513-947-5015

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Friday 9:00AM - 6:00PM
Saturday 9:00AM - 6:00PM
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Saturday 8:00AM - 3:00PM
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Tuesday 8:00AM - 6:00PM
Wednesday 8:00AM - 6:00PM
Thursday 8:00AM - 6:00PM
Friday 8:00AM - 6:00PM
Saturday 8:00AM - 3:00PM
Sunday Closed