There’s never been a better time to get behind the wheel of a new Subaru assembled right here in America. Under recent federal legislation, qualifying buyers may be eligible for a tax deduction of up to $10,000 on interest paid toward their new auto loan.That means your next adventure in a new Subaru could be even more rewarding — on and off the road.
Up to
annual tax deduction
Available for
tax years
Applies to
after December 31, 2024
*Income and other eligibility restrictions apply. Eligible only for new vehicles assembled in the United States as part of the One Big Beautiful Bill Auto Loan Deduction.
Customers who finance the following models at Schomp Subaru may qualify for this new deduction:
Outback, Legacy, Ascent, and select Crosstrek Models
*Confirm model eligibility with your Schomp Subaru Client Advisor.
This is not a tax credit, but a deduction on the interest paid toward qualifying loans. Actual savings depend on your income, loan amount, and tax filing situation. We recommend consulting your tax, legal, or accounting professional to confirm your eligibility and savings potential.
Explore our inventory of eligible Subaru models today and take advantage of this new federal tax incentive.
For official details, visit the IRS Newsroom: One Big Beautiful Bill Auto Loan Deduction.
Available for eligible individuals on new qualifying vehicles assembled in the U.S. Only applies to interest paid in tax years 2025–2028 on new debt contracted after 12/31/2024. Tax deduction subject to change and filing requirements. Income restrictions and other limitations may apply. Consult your tax, legal, or accounting professional if you have any questions. This information does not constitute tax, accounting, or legal advice. Deduction subject to federal laws and regulations and manufacturing constraints.
