Which cars qualify for the car loan interest deduction?
For 2026, 78 models are built only in the USA and 17 more are built in the USA and abroad. Check your VIN to confirm yours came from a US plant.
The vehicle has to pass five tests
- You bought it new, not used or leased.
- Its final assembly happened in the United States.
- The loan started after December 31, 2024 and is secured by the vehicle.
- You expected more than half its use to be personal.
- Its gross vehicle weight rating is under 14,000 lb.
The lists below cover the assembly test. Read the full rules or estimate your deduction.
Brands with the most 2026 models built here
2026 models with a US assembly plant
Built only in the USA: 78 models
Every version reported to NHTSA is assembled in the US, so a new one bought with a qualifying loan meets the assembly test.
Built in the USA and abroad: 17 models
Only vehicles from the US plant qualify. The 11th character of the VIN identifies the plant, so check yours.
| Vehicle | Assembled in | US and Canadian parts |
|---|---|---|
| Chevrolet Silverado | USA, Canada and Mexico | 38–56% |
| Chevrolet Silverado HD | USA and Canada | 38% |
| GMC Sierra | USA, Canada and Mexico | 38% |
| Genesis GV70 | USA and South Korea | 2–44% |
| Honda CR-V | USA and Canada | 50–60% |
| Honda Civic | USA, Canada and Japan | 50–55% |
| Hyundai Ioniq 5 | USA and Singapore | 0–58% |
| Hyundai Tucson | USA and South Korea | 0–51% |
| Kia Sorento | USA and South Korea | 1–55% |
| Kia Sportage | USA and South Korea | 0–55% |
| Mercedes-Benz EQE | USA and Germany | 0–20% |
| Mercedes-Benz EQS | USA and Germany | 0–25% |
| Nissan Rogue | USA and Japan | 0–25% |
| Ram 1500 | USA and Mexico | 35–55% |
| Subaru Crosstrek | USA and Japan | 0–45% |
| Toyota Corolla | USA and Japan | 0–60% |
| Toyota RAV4 | USA, Canada and Japan | 0–55% |
2027 models filed so far with a US assembly plant
Built only in the USA: 9 models
Every version reported to NHTSA is assembled in the US, so a new one bought with a qualifying loan meets the assembly test.
| Vehicle | Engine or motor from | US and Canadian parts |
|---|---|---|
| BMW X6 | Austria and United Kingdom | 25% |
| BMW X6 M | United Kingdom | 21% |
| BMW X7 | Austria and United Kingdom | 25% |
| Hyundai Ioniq 9 | USA | 60% |
| Infiniti QX60 | Japan | 40% |
| Infiniti QX65 | Japan | 45% |
| Kia Sportage | Mexico | 30% |
| Kia Telluride | South Korea | 45% |
| Nissan Rogue | Japan | 25% |
2025 models with a US assembly plant
Built only in the USA: 92 models
Every version reported to NHTSA is assembled in the US, so a new one bought with a qualifying loan meets the assembly test.
Built in the USA and abroad: 15 models
Only vehicles from the US plant qualify. The 11th character of the VIN identifies the plant, so check yours.
| Vehicle | Assembled in | US and Canadian parts |
|---|---|---|
| Chevrolet Silverado | USA, Canada and Mexico | 36–37% |
| Chevrolet Silverado HD | USA and Canada | 37% |
| GMC Sierra | USA, Canada and Mexico | 37% |
| Genesis GV70 | USA and South Korea | 3–25% |
| Honda CR-V | USA and Canada | 25–60% |
| Honda Civic | USA, Canada and Japan | 50–55% |
| Hyundai Tucson | USA, Mexico and South Korea | 0–55% |
| Kia EV6 | USA and South Korea | 0–80% |
| Kia Sorento | USA and South Korea | 1–55% |
| Kia Sportage | USA and South Korea | 0–60% |
| Mercedes-Benz EQE | USA and Germany | 0–10% |
| Mercedes-Benz EQS | USA and Germany | 0–10% |
| Nissan Rogue | USA and Japan | 25% |
| Subaru Crosstrek | USA and Japan | 5–45% |
| Toyota Corolla | USA and Japan | 0–55% |
Common questions
Which cars qualify for the car loan interest deduction?
New cars, SUVs, pickups, vans, minivans and motorcycles with final assembly in the United States and a gross vehicle weight rating under 14,000 lb. The loan must be taken out after December 31, 2024, be secured by the vehicle, and be for a vehicle you expected to use mainly for personal purposes. For 2026, 78 models reported to NHTSA are built only in the USA and 17 more are built in the USA and other countries.
Do foreign brands qualify?
Yes, if the vehicle was assembled in the US. The brand's home country doesn't matter. Toyota, Honda, BMW, Hyundai and Kia all build 2026 models in US plants.
Do used cars or leased cars qualify?
No. The vehicle's original use has to start with you, so used vehicles and lease buyouts don't qualify, and lease payments aren't loan interest.
Does it matter how much of the car is American-made?
No. Only the final assembly location counts. A car with mostly imported parts that is assembled in Kentucky qualifies; one with mostly US parts that is assembled in Ontario doesn't.
How much can I deduct?
Up to $10,000 of interest a year for tax years 2025 to 2028, whether or not you itemize. The deduction falls by $200 for every $1,000 of modified adjusted gross income above $100,000 ($200,000 on a joint return).
Download the full list as a spreadsheet from the free dataset page.
Covers models whose manufacturers have filed an American Automobile Labeling Act report with NHTSA (latest listing dated June 8, 2026). Heavier pickups and vans (over 8,500 lb) aren't in these reports, and some models are filed later in the year. The VIN checker works for every vehicle.