I mean, it's going to take some expensive car loans to get a lot of people enough interest to make it worth claiming deductions. The standard deduction is so high now, it probably only makes sense for people getting overpriced homes with 6+% rates and then doubling up and financing an overpriced computer on wheels with a similar rate. I'm guessing this will make more sense for business fleets.
I mean, it's going to take some expensive car loans to get a lot of people enough interest to make it worth claiming deductions. The standard deduction is so high now, it probably only makes sense for people getting overpriced homes with 6+% rates and then doubling up and financing an overpriced computer on wheels with a similar rate. I'm guessing this will make more sense for business fleets.