$10,000 Tax Dedeuction

Chevrolet Tax Deduction at Buddy Chevrolet

Take Advantage of the Chevy Tax Deduction at Buddy Chevrolet

Drive a new Chevrolet and unlock major tax savings! From 2025 to 2028, you can deduct up to $10,000 in car loan interest on a qualifying USA-built Chevy. Our Finance Center is loaded with inventory and expert financing to help you seize this deal. Act fast, as this tax break ends in 2028!

Why Shop from the Buddy Chevrolet Finance Center?

At Buddy Chevrolet in Decatur, GA, our Finance Center is your key to driving a new Chevy and unlocking the $10,000 car loan interest deduction. We make it simple to find your perfect vehicle and secure financing that maximizes your tax savings. Here's why you should start with us:

  • Massive Inventory in Stock: Enjoy a huge selection of USA-built Chevys, including the Silverado, Corvette, Tahoe, Colorado, Suburban, Traverse, and Silverado EV.
  • Seamless Online Financing: Apply for financing online in minutes through our secure portal. Get pre-approved and lock in a loan tailored to qualify for the 2025-2028 tax deduction.
  • Expert Finance Team: Our Chevy financing pros are here to guide you every step of the way. Whether in-person or over the phone, we'll craft a loan that fits your budget and ensures eligibility for the deduction.
  • Hassle-Free Tax Savings: No need to itemize! Just report your Chevy's VIN on your tax return to claim up to $10,000 in annual loan interest deductions.

Apply for Financing   Chevrolet Finance Center in Decatur

Which American-Made Chevrolet Models Qualify for the Tax Deduction?

Choose from our lineup of new Chevrolets, all assembled in U.S. factories and eligible for the $10,000 car loan interest deduction. Vehicles must be for personal use, have a VIN starting with 1, 4, or 5, and a gross vehicle weight rating under 14,000 pounds. Our Chevrolet showroom has these models in stock:

Browse Eligible New Chevrolet Inventory

5 Steps to Securing Your Chevrolet Tax Deduction Near Atlanta, GA

Unlocking the 2025-2028 car loan interest deduction is straightforward, but higher earners should note: the deduction phases out for single filers with a MAGI of $100,000-$150,000 or married couples filing jointly with a MAGI of $200,000-$250,000. Follow these steps to secure your savings:

  1. Buy a new, USA-built Chevy for personal use.
  2. Secure a loan after December 31, 2024, tied to the vehicle.
  3. Claim up to $10,000 in loan interest annually on your taxes.
  4. Check with a tax pro at Buddy Chevrolet to confirm eligibility.
  5. Start Saving: Visit our Finance Center today to lock in your new Chevy loan!

Secure Savings on Your Next Chevy Purchase at Buddy Chevrolet in Decatur, GA

The clock's ticking on this $10,000 tax break, and our Finance Center is revved up to get you in a new Chevy that's built to perform and save. Whether it's the heart-pounding Corvette or the do-it-all Silverado, your perfect ride is waiting in our massive inventory.

Don't let this deal speed by! Visit us today to test-drive a USA-made Chevy and burn rubber on your way to huge tax savings before 2028 runs out!

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FAQs

  • Provides a tax deduction for up to $10,000 in annual interest paid on loans to acquire U.S. assembled qualifying vehicles for eligible consumers
  • Applies whether an individual itemizes deductions or takes the standard deduction.
  • Consult your tax, legal, or accounting professional if you have questions. This information does not constitute tax, accounting, or legal advice.
  • Income limits: $100k single ($200k married filing a joint return) – phase out for next $50k and is fully-phased out for taxpayers with modified adjusted gross income in excess of $150k ($250k married filing a joint return).
  • Individuals financing only – not applicable to commercial/fleet purchases & no lease benefit
  • Only applies to interest paid in tax years 2025-2028
  • Must be new debt contracted after 12/31/2024, excludes refinancing of debt incurred prior to 12/31/2024
  • Must be assembled in the U.S.