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New Tax Deduction Could Save You Big on Your Next Ford

A Fresh Way to Cut Costs When You Finance a New Vehicle

A powerful new federal program is now in place to make owning a new Ford more affordable than ever. If you finance a qualifying new vehicle, you may be able to deduct up to $10,000 a year in interest payments on your federal taxes, a benefit that could add up to thousands over time.

At Mt. Orab Ford, we’re ready to help you take full advantage of this limited time opportunity.

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Effective Now Through 2028

This incentive is part of a new federal law designed to support consumers and stimulate domestic auto manufacturing. It applies to first-lien loans on qualifying new, personal-use vehicles and yes, many new Fords qualify.

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What You’ll Need to Qualify

To benefit from this tax deduction, here’s what the IRS requires:

• You’re financing a new, not previously owned, car or truck
• The loan starts between January 1, 2025, and December 31, 2028
• The vehicle is assembled in the United States (VIN starts with 1, 4, or 5)
• The loan is in your name and is the primary lien on the vehicle
• You earn under $100,000 (single) or $200,000 (joint filers) annually

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Why Mt. Orab Ford is Your Best Partner

We’ve been helping Ohio families get into the right vehicle for decades. Now, we’re proud to guide you through this brand-new tax-saving opportunity. Our team will:

• Review VIN numbers for assembly location verification
• Walk you through what documents you’ll need
• Recommend trusted tax experts for personal advice

And with a great selection of U.S.-assembled Fords from SUVs to trucks and hybrids you won’t have to look far to find one that qualifies.

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Questions We Hear Most

How does this save me money?

You may deduct interest paid on your auto loan up to $10,000 annually.

Are used vehicles included?

Unfortunately, only new vehicles qualify.

Can Mt. Orab Ford tell me if I’m eligible?

We can verify vehicle eligibility. For tax questions, please speak with a certified advisor.

Note: Tax treatment depends on your individual finances. Always consult a tax professional.

Where can I read the official IRS rules?

Visit IRS.gov for full guidance on the auto loan interest deduction.

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Visit Mt. Orab Ford to Explore Your Options

We’re ready to help you drive home a Ford and reduce your tax bill. Take advantage of this unique incentive before it expires.

• Shop New Inventory
• Schedule a Visit
• Contact Us Now