Is the 2025 Tacoma Eligible for the New 10k Tax Deduction?

[OGBugsy]

I know the 2025 Tacoma is assembled in Baja California, Mexico, but with a substantial amount of the parts and the engines made in the USA. Do think it will be eligible for the new 10k tax deduction on the interest?

I personally am hoping it will be.

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[Sagebrush]

From what I read, it has to be assembled in the U.S.

 

[Chico]

Important Notes for the Tax Break:

• Starts in 2025: The deduction will apply to purchases made in 2025 and run through 2028.
• Maximum Deduction: You can write off up to $10,000 per year in interest paid on qualifying auto loans.
• Qualifying Vehicles: The car must be new and assembled in the United States.
• Income Limitations: The deduction is eliminated for individuals earning more than $100,000 or couples making over $200,000, and it will be limited for individuals earning between $100,000 and $150,000, and couples making between $200,000 and $250,000.
• No Itemization Required: You won't have to itemize deductions to claim this benefit.

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