Big News for Southern Idaho!

Auto Loan Interest Tax Deduction Now Available!

Shop Eligible Goode Motor vehicles

Welcome to Goode Motor

As your hometown dealerships in Southern Idaho, we’re thrilled to share the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025. You may now deduct up to $10,000 a year in auto loan interest when you purchase a qualifying new vehicle built in the USA.

What Does This Mean for You?

Eligibility Criteria

Purchase (not lease) a new vehicle.
Use for personal use, not business.
Final assembly in the United States.
Loan starts between Jan 1, 2025, and Dec 31, 2028.
Phases out for incomes over $100,000 (individuals) or $200,000 (couples).

Not tax advice. Consult your tax professional.

Potential Savings

Example: For a $40,000 loan on a brand new vehicle at 6.9% APR, you could deduct approximately $2,760 in the first year of the loan’s life!

Savings vary by loan and timing.

Eligible Goode Motor Vehicles

Many of your favorite vehicles qualify, built right here in the USA:

Aviator

F-150 Lightning

Super Duty

Ranger

Atlas Cross Sport

ID.4 EV

Some specialty trims may vary. Check your VIN.

How to Check Eligibility

Give Us a Call

Have questions? Our team is here to help.

View Inventory

Explore our eligible vehicles.

Shop Eligible Goode Motor vehicles

NHTSA VIN Decoder

Verify your vehicle’s assembly location.

VIN Decoder Tool

Learn More

For full IRS details, visit:

IRS – OBBBA Tax Deductions

We’re here to help you find the right vehicle, but consult your tax professional for savings details.

Ready to Save?

Find the perfect vehicle and take advantage of this tax deduction today!

Goode Motor Auto Group , .