Did you know that purchasing a new U.S.-made Chevrolet vehicle may qualify you for a tax deduction? It's true. The Chevy Drives America program allows eligible buyers to deduct the interest paid on their auto loan from their taxable income for vehicles purchased from 2025 to 2028. This can add up to significant savings when tax season rolls around.
To qualify for the interest tax deduction, the vehicle loan must be secured by your new American-made Chevy, and you must itemize deductions on your tax return. Many popular Chevy models assembled right here in the USA may be eligible. Consult with a tax professional to understand how the deduction could apply to your specific situation in Tulsa.
Want to learn more about the U.S.-made Chevy interest tax deduction and see qualifying vehicles? Visit Mark Allen Chevrolet at 16837 S Hwy 75 in Glenpool, OK. Our staff is ready to answer any questions you may have. Stop by our dealership today.
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