American Car Tax Reduction

It’s Simple: Buy American, Get Rewarded.

The U.S. Government is offering a major new tax benefit for individuals who buy new trucks and SUVs assembled in the United States. Here’s all you need to do:

  • Step 1: Choose Your Ride: Pick any new, qualifying Ram, Jeep, or Dodge from our massive inventory.
  • Step 2: Finance With Us: Secure a loan for your new vehicle through our expert finance center. We make it fast, simple, and transparent.
  • Step 3: Save on Your Taxes: When you file your 2025 taxes, simply deduct the interest you paid on your auto loan for the year—up to a maximum of $10,000!

What Could This Mean for Your Wallet?

This new deduction directly reduces your taxable income, which could mean a lower tax bill or a bigger tax refund this spring. Let’s look at an example:

  • Loan Amount: $50,000
  • Interest Rate (Example): 6.0%
  • Interest Paid in First Year (Approx.): $2,917

If you are in a 22% federal tax bracket, a $2,917 deduction could save you over $640 on your taxes in the first year alone! The more you finance, the more interest you pay, and the more you can potentially save.

Your New American-Assembled Truck or SUV is Waiting.

At Rydell Chrysler, Dodge, Jeep, Ram in San Fernando, we’re proud to offer a huge selection of new vehicles built right here in the USA. These models qualify for the powerful new tax deduction, and we’ve verified their final assembly point so you can shop with 100% confidence.

Ram 1500

Jeep Grand Cherokee

Jeep Wrangler

Jeep Gladiator

Dodge Durango

Check Your Eligibility in Seconds

You likely qualify for this powerful deduction if you can say “YES” to the following:

  • You are purchasing a NEW vehicle (used cars and leases do not qualify).
  • The vehicle will be for personal use (not for business or commercial use).
  • You are financing your vehicle with a loan originated in 2025 or later.
  • Your Modified Adjusted Gross Income is below $100,000 (single) or $200,000 (married filing jointly).
  • The vehicle’s final assembly point is in the United States (we verify this for you!).

Your Questions, Answered

Q: How do I know for sure if a vehicle was assembled in the U.S.? A: It’s easy! The assembly location is printed on the vehicle’s information label (the window sticker). Our sales experts here in San Ferando will be happy to verify any vehicle for you.

Q: Does this apply to used cars or leases? A: No, this deduction is only for the original purchaser of a new vehicle. Lease payments do not qualify for this interest deduction.

Q: Is this hard to claim on my taxes? A: Not at all! This deduction is available for both itemizing and non-itemizing taxpayers. When you finance with us, we will provide you with a year-end statement showing the total interest you paid, making it simple for you or your tax professional.

 

 

 

 

*Disclaimer: Rydell Chrysler, Dodge, Jeep, Ram is not a tax advisor. The information provided is for marketing purposes only and is based on federal tax policy. Tax laws are complex and subject to change. Please consult with your own qualified tax professional or financial planner to determine your personal eligibility, potential tax savings, and filing requirements. Income limitations and other restrictions apply.