What Is the Auto Loan Tax Deduction?
Shopping for a new vehicle and want to support jobs here at home? Many Nissan, Buick and GMC vehicles are made in America, making them eligible for the Auto Loan Tax Deduction. Granite Automotive is proud to offer a selection of American-built vehicles, making it simple to search for options that meet your driving needs and allow you to take care of this tax deduction.
Whether you are looking for an American-built car, truck, or SUV, or exploring opportunities to save on your next purchase, our team is here to guide you every step of the way.
Which Nissan, Buick and GMC Models Are Made in America?
Interested in American-built vehicles? Shoppers often ask which of our models are assembled in the U.S. because buying American-made cars supports both local manufacturing and national industry. When you buy a new vehicle assembled in the U.S., you can qualify for the Auto Loan Tax Deduction and save even more.
Models on our lot that undergo final assembly in the United States include:
| Nissan | Buick | GMC |
|---|---|---|
| Altima | Enclave | Acadia |
| Frontier | Canyon | |
| Murano | Savana | |
| Pathfinder | Sierra 1500 | |
| Rogue | Sierra EV | |
| Sierra HD | ||
| HUMMER EV SUV | ||
| HUMMER EV Pickup | ||
| Yukon | ||
| Yukon XL |
What's the Auto Loan Interest Tax Deduction?
A recently introduced federal program allows eligible buyers to deduct up to $10,000 per year in interest paid on auto loans for qualifying new vehicles, effective through December 31, 2028.1 Even better, there is no need to itemize deductions -- anyone who purchases a vehicle that undergoes final assembly in the United States can potentially benefit.
This makes American-made vehicles an even smarter choice for drivers who want to maximize their tax savings while upgrading their daily drive.1
Shop Our New Vehicles for Sale in Rapid City, SD
Supporting American manufacturing and exploring the Auto Loan Interest Tax Deduction are two smart reasons to consider your next vehicle at Granite Automotive. Along with our experienced, 100% factory-trained technicians and a strong community commitment, we offer exceptional service, local expertise, and exclusive internet savings for shoppers.
Connect with our team today to learn which American-built models are available and find out how you could take full advantage of the Auto Loan Interest Deduction on your next vehicle.
Learn More:
1 See dealer for complete details.
