Save on a New Ford with Auto Loan Interest Deduction
Discover a fantastic opportunity to save on your next vehicle purchase with the new federal auto loan interest deduction, available now at Greenway Ford. Eligible taxpayers can deduct up to $10,000 annually on interest from auto loans for qualifying vehicles assembled in the United States.1 And fortunately for Florida Ford enthusiasts, the Ford Motor Company assembles more vehicles in the U.S. than any other manufacturer.
Learn more about how you could save on your dream truck or SUV at our Ford dealership near Sanford today.
How the Auto Loan Interest Deduction Works
Buy a new Ford in Orlando from us and you could benefit from significant tax savings. If you secure a loan now through December 31, 2028, you can deduct up to $10,000 in annual interest on loans for qualifying new vehicles.1
No matter if you choose to itemize or take the standard deduction, this program is designed to help you save on your favorite truck, EV or SUV from our Orlando Ford dealership.
Federal Auto Loan Interest Eligibility Requirements
Here are the most important details you need to know:1
- Income Limits: The deduction phases out for single filers with a modified adjusted gross income over $100,000 and joint filers over $200,000.
- Vehicle Requirements: Only new vehicles with final assembly in the United States qualify.
- Necessary Documents: Retain your purchase contract and lender interest statements for your tax filing.
Why Choose Greenway Ford in Orlando, FL?
As a reputable Ford dealership in Central Florida, Greenway Ford ensures you're informed about every savings opportunity. We're dedicated to providing vehicles that maximize your benefits under this new deduction. Choose our local Ford dealer to benefit from the following:
- Wide Selection: Browse our range of U.S.-assembled Ford models.
- Expert Guidance: Our finance team can help you navigate and maximize your benefits.
- Customer Service: From test-drives to purchases, we're here to support Sanford Ford shoppers every step of the way.
Visit Our Ford Dealership in Orlando Today
Don't miss the chance to leverage this unprecedented savings opportunity on your next vehicle purchase. Whether you prefer a new Ford truck or want to buy a family SUV, it's time to lock in your federal tax savings at our Orlando Ford dealership.
While we do recommend speaking with a tax professional, please rest assured that we're here to provide all the help you need. Contact us now to schedule a test-drive and take advantage of the new auto loan interest deduction.
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1 See dealer for details. Eligibility and requirements are subject to change. We recommend speaking with a tax professional.