Trump's Auto Loan Tax Proposal
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average car loanCNBC
•Technology
Technology
Getting Trump's full tax break on car loans may mean buying a $130,000 vehicle

81% Informative
House and Senate Republicans have proposed a tax break on car loan interest.
The tax break would be temporary, ending after 2028 .
Households would likely need to buy luxury cars that cost $ 130,000 or more to get the maximum benefit.
Only about 1% of new auto loans are this big, according to Cox Automotive data.
VR Score
89
Informative language
94
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19
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formal
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English
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43
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Attention-grabbing headline
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short-lived
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1
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