Claim Auto Loan Interest Deductions in Valpo, IN
Take advantage of a unique tax savings opportunity at Currie Motors Buick GMC! With the new federal auto loan interest deduction, eligible buyers can deduct up to $10,000 per year in interest on auto loans for qualifying vehicles assembled in the United States.1 As part of the General Motors family, Buick and GMC are proud American brands with a long tradition of building vehicles right here at home. That means your favorite models -- from bold GMC trucks to upscale Buick SUVs -- may qualify under this domestic-focused deduction for even more savings.
Learn more about unlocking tax savings on your next American-made vehicle at our Valpo auto dealership.
How the Auto Loan Interest Deduction Works
When you finance a new Buick or GMC with us, it pays to choose American. The deduction applies to new vehicles assembled in the U.S. -- and as a leading domestic automaker, General Motors manufactures many of your favorite Buick and GMC models across the country. If you secure an auto loan at any point in 2025 through December 31, 2028, you may be able to deduct up to $10,000 each year in qualifying interest payments.1
No matter how you file taxes, this program is designed to help Indiana Buick drivers save when buying trusted, U.S.-built vehicles from brands like GMC that have been investing in American communities for generations.
Federal Auto Loan Interest Eligibility Requirements
For maximum benefit, keep these requirements in mind:1
- Income Limits: The deduction begins to phase out for single filers with a modified adjusted gross income over $100,000 and joint filers over $200,000.
- Vehicle Requirements: Only new vehicles with final assembly in the United States are eligible. This puts most GM vehicles -- including many new Buick and GMC vehicles for sale nearby --front and center for eligibility.
- Necessary Documents: Keep your purchase contract and lender interest statements for your tax filing.
Why Choose Currie Motors Buick GMC in Valpo, IN?
As a proud local GM dealer, Currie Motors Buick GMC delivers the dependability, performance and value you expect from trusted American brands. Our Indiana auto dealership is committed to helping you save with every available incentive:
- Wide Selection of U.S.-assembled Models: Shop an outstanding inventory of domestic Buick and GMC vehicles built for families, businesses and adventure-seekers.
- Expert Finance Guidance: Our GMC finance team understands this new deduction and will help you find vehicles that meet all requirements.
- Homegrown Customer Service: Enjoy friendly, helpful assistance from a dealership rooted in Northwest Indiana's community values.
Visit Currie Motors Buick GMC in Valparaiso, IN
Now is the perfect time to buy American and save big with the federal auto loan interest deduction. Whether you need a powerful new GMC Sierra or a stylish Buick Envision, our inventory offers something for everyone.
We always recommend speaking with a tax advisor for personalized advice, but our team is ready to answer your questions and get you started on the road to savings. Contact us today for a test-drive and to learn more about how this new auto loan interest deduction can help you drive home your dream car today!
Read More: Why Buy from Us? | Buy a Car Online | Section 179 Tax Benefits | Trade In & Trade Up
1 See dealer for details. Eligibility and requirements are subject to change. We recommend speaking with a tax professional.