Get a Tax Deduction of up to $10,000 Annual Interest Paid for USA-Built Vehicles
Get a Tax Deduction of up to $10,000 Annual Interest Paid for USA-Built Vehicles
If you recently purchased a new vehicle from a Fred Beans dealership, you may be eligible for up to $10,000 in annual tax deductions.
Disclaimer: The following is for informational purposes only. Please consult with a tax professional.
Key Points:
- The One Big Beautiful Bill (OBBB) allows car buyers to deduct up to $10,000 in loan interest paid annually
- Only U.S. assembled cars are eligible for the program
- Applies to interest paid in tax years 2025 - 2028
How do I know if my car was built in America?
The vehicle identification number (VIN) indicates where the vehicle was built. If your VIN starts with a 1, 4, 5, or 7, then it was assembled in the United States.
You can find the VIN printed at the base of the windshield on the driver's side. The VIN can also be found on your auto insurance card and on the vehicle registration.
If you want to find the exact location where your vehicle was assembled, you can use the VIN Decoder tool provided by the NHTSA.
Find Models Built in the U.S. By Brand
- Acura
- Buick
- Cadillac
- Chevrolet
- Chrysler
- Dodge
- Ford (Boyertown, Doylestown, Exton, Langhorne, Mechanicsburg, Newtown, Washington, and West Chester)
- Genesis
- GMC (Doylestown and Mechanicsburg)
- Honda
- Hyundai (Abington, Doylestown, Flemington, Langhorne, Mechanicsburg)
- Kia (Langhorne and Mechanicsburg)
- Lincoln
- Jeep
- Mazda
- Nissan (Doylestown and Flemington)
- Subaru
- Toyota
- Volkswagen (Devon and Doylestown)
Please check your VIN to verify the country of origin.
Frequently Asked Questions
What are the income limits?
The deductions phase out for single taxpayers with a modified adjusted gross income over $100,000. For married taxpayers filing a joint return, the limit is $200,000.
Do the deductions apply to vehicles used for business / commercial purposes?
No, the vehicle must be for personal use to qualify.
Do used vehicles qualify?
No, the deductions only apply to new vehicles.
Do lease payments qualify?
No, lease payments do not qualify for any deductions.
How Can We Help?
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Fred Beans Automotive
845 N Easton Rd
Greater Philadelphia, PA 18902
- Sales: (800) 232 3267
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Fred Beans Buick GMC of Mechanicsburg
6251 CARLISLE PIKE
MECHANICSBURG, PA 17050
- Sales: (877) 595-9265
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Fred Beans Hyundai Mechanicsburg
6115 Carlisle Pike
Mechanicsburg, PA 17050-2304
- Sales: 717-620-5034
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Fred Beans Mazda Mechanicsburg
6115 Carlisle Pike
Mechanicsburg, PA 17050
- Sales: 717-620-5035
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Fred Beans Ford DMS Inventory
845 N Easton Rd
DOYLESTOWN, PA 18902
- Sales: (973) 762-8500
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Fred Beans Ford of Boyertown
525 Route 100 North
Boyertown, PA 19512
- Sales: 855-582-4812
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Fred Beans Ford Newtown
10 N Sycamore Street
Newtown, PA 18940
- Sales: (855) 818-3875
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Fred Beans Lincoln Doylestown
827 North Easton Road
Doylestown, PA 18902
- Sales: 888-354-0722
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Fred Beans Ford of West Chester
1155 West Chester Pike
West Chester, PA 19382
- Sales: 877.217.3044
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Fred Beans Ford of Exton
415 W. Lincoln Hwy
Exton, PA 19341
- Sales: (484) 517-4252
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Fred Beans Ford of Langhorne
1939 East Lincoln Highway
Langhorne, PA 19047
- Sales: (855) 391-3766
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Fred Beans Ford of Mechanicsburg
6320 Carlisle Pike
Mechanicsburg, PA 17050
- Sales: (855) 489-8869
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Fred Beans Ford of Doylestown
876 N. Easton Road
Doylestown, PA 18902
- Sales: (855) 582-5356
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Fred Beans Ford of Washington
359 State Route 31 S
Washington, NJ 07882
- Sales: 908-835-8100
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Fred Beans Group
876 N. Easton Rd.
Doylestown, PA 18901
- Sales: 180023BEANS
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Fred Beans Ford of Exton
415 W. Lincoln Hwy
Exton, PA 19341
- Sales: 484-517-4252
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Fred Beans Volkswagen of Devon
315 W Lancaster Avenue
Devon, PA 19333
- Sales: (610) 254-8000
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Fred Beans Ford of Doylestown
876 N. Easton Road
Doylestown, PA 18902
- Sales: (855) 582-5356
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Fred Beans Ford of West Chester
1155 West Chester Pike
West Chester, PA 19382
- Sales: 877.217.3044
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Fred Beans Ford of Boyertown
525 Route 100 North
Boyertown, PA 19512
- Sales: 855-582-4812
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Saturn Authorized Service Provider Doylestown
845 N. Easton Road
Doylestown, PA 18902
- Sales: 888.766.5611
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Doylestown, PA
835 North Easton Road
Doylestown, PA 18902
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Fred Beans Nissan of Doylestown
4469 W. Swamp Road
Doylestown, PA 18902
- Sales: 8668162199
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Fred Beans Chrysler Dodge Jeep Ram
858 N Easton Rd
Doylestown, PA 18902-1007
- Sales: 8555824790
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Fred Beans Subaru
854 N. Easton Road
Doylestown, PA 18902
- Sales: 215-340-7959
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Fred Beans Hyundai of Doylestown
4465 West Swamp Road
Doylestown, PA 18902
- Sales: 8559822313
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Fred Beans GMC of Doylestown
841 N. Easton Road
Doylestown, PA 18902
- Sales: 215-345-7222
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Fred Beans Chevrolet
845 N EASTON RD
DOYLESTOWN, PA 18902
- Sales: (877) 589-2457
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Fred Beans Nissan of Flemington
172 Us Highway 202
Flemington, NJ 08822
- Sales: 8554903922
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Fred Beans Volkswagen of Devon
315 West Lancaster Ave.
Devon, PA 19333
- Sales: 610-254-8000
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Fred Beans Ford Newtown
10 N Sycamore St
Newtown, PA 18940
- Sales: 8558183875
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Fred Beans Mazda Mechanicsburg
6115 Carlisle Pike
Mechanicsburg, PA 17050
- Sales: 717-620-5035
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Fred Beans Buick GMC of Mechanicsburg
6251 CARLISLE PIKE
MECHANICSBURG, PA 17050
- Sales: (877) 595-9265
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Fred Beans Hyundai Mechanicsburg
6115 Carlisle Pike
Mechanicsburg, PA 17050-2304
- Sales: 717-620-5034
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Fred Beans GMC
841 N Easton Rd
Doylestown, PA 18902
- Sales: (855) 994-3339
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Fred Beans Cadillac
841 N Easton Rd
Doylestown, PA 18902
- Sales: (855) 675-5687
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Flemington, NJ
172 U.S. 202
Flemington, NJ 08551
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Fred Beans Toyota of Flemington
174 U.S. 202
Flemington, NJ 08822
- Sales: 855-488-6760
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Fred Beans Ford of Mechanicsburg
6320 Carlisle Pike
Mechanicsburg, PA 17050
- Sales: 8554898869
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Fred Beans Kia of Mechanicsburg
6302 Carlisle Pike
Mechanicsburg, PA 17050
- Sales: 8554925922
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Fred Beans Ford of West Chester
1155 West Chester Pike
West Chester, PA 19382
- Sales: 8555825335
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Fred Beans Ford of Washington
359 Route 31
Washington, NJ 07882
- Sales: (908) 223-8019
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Fred Beans Hyundai of Abington
1645 Easton Rd
Willow Grove, PA 19090
- Sales: 267-277-3952
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Fred Beans Honda of Abington
1543 Easton Rd
Abington, PA 19001-2403
- Sales: 267-277-2335
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Fred Beans Mazda of Abington
1601 Easton Rd
Willow Grove, PA 19090
- Sales: 267-277-7049
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Fred Beans Acura of Abington
850 Old York Rd
Jenkintown, PA 19046-1557
- Sales: 215-572-1800
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Fred Beans Lincoln
827 North Easton Road
Doylestown, PA 18902
- Sales: 888-354-0722
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Limerick, PA
40 Auto Park Blvd
Limerick, PA 19468
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Genesis of Doylestown
4465 West Swamp Road
Doylestown, PA 18902
- Sales: (833) 371-0843
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Fred Beans Hyundai of Flemington
180 US 202 Building B
Flemington, NJ 08822
- Sales: 9089050875
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Fred Beans Ford of Doylestown
876 North Easton Road
Doylestown, PA 18902
- Sales: 8555825356
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Fred Beans Ford of Langhorne
1939 East Lincoln Highway
Langhorne, PA 19047
- Sales: (855) 391-3766
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Fred Beans Kia of Langhorne
1801 E. Lincoln Highway
Langhorne, PA 19047
- Sales: 855-398-0404
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Fred Beans Hyundai of Langhorne
1106 E. Lincoln Hwy.
Langhorne, PA 19047
- Sales: 855-534-2001
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Fred Beans Ford of Boyertown
525 Route 100 North
Boyertown, PA 19512
- Sales: 8555824812
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Fred Beans Volkswagen of Doylestown
830 North Easton Road
Doylestown, PA 18902
- Sales: (855) 638-2409
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Fred Beans CARSTAR New Cumberland
100 15TH ST
NEW CUMBERLAND, PA 17070-1108
- Sales: 717-774-7346
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Fred Beans Livery
- Sales: 888-230-9221
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Fred Beans Chevrolet
845 N EASTON RD
DOYLESTOWN, PA 18902
- Sales: (877) 589-2457
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