
Affordable Trims Help Ford Grow Share in a Lower U.S. Auto Market


Eligible buyers can deduct up to $10,000 annually in interest paid on loans for qualifying new Ford and Lincoln vehicles assembled in the United States. To qualify for this tax exemption, the vehicle’s U.S. assembly must be confirmed via its Vehicle Identification Number (VIN).
The definitive way to confirm if your vehicle meets the assembly requirement for the interest deduction is to check your VIN here.
Approximately 80% of the vehicles Ford sells in the U.S. are assembled in America1, including 100% of F-Series trucks. Ford is proud to assemble the most vehicles in America of any automaker2 and employ the most hourly autoworkers in America3.
Deduction is available for eligible buyers who finance a new vehicle assembled in the U.S. Vehicle must be purchased for personal use. Lease vehicles and vehicles used for business or commercial use are not eligible. Deduction is available for tax years 2025 through 2028, for interest paid on new vehicles financed after December 31, 2024. Deduction begins to phase out for taxpayers with modified adjusted gross income over $100,000 ($200,000 for joint filers). The amount of your tax savings will depend on your individual tax circumstances. Please consult with your own tax or legal professional to determine your individual eligibility. This information does not constitute tax or legal advice.For additional information, click here.
1Based on S&P Global Mobility CY 2024 US Light Vehicle Production data and CY 2024 U.S. light vehicle Sales Data.
2Based on S&P Global Mobility CY 2024 US Light Vehicle Production data.
3Based on 2024 year-end hourly employment data.