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The ‘Big, Beautiful Bill’ offers a new tax deduction for car buyers who finance their vehicle purchase. We’ll explain how the auto loan interest deduction works, who is eligible, why you should act now on electric vehicles, and how Cable Dahmer Buick GMC of Independence can help you save. How the Auto Loan Interest Deduction Can Help You Save at Cable Dahmer Buick GMC Under this new legislation, qualifying taxpayers may deduct up to $10,000 in auto loan interest each year. This deduction is “above-the-line,” which means you can claim it whether you take the standard deduction or itemize. By lowering your adjusted gross income, this benefit can reduce your tax bill and free up cash for other needs. Auto loan interest has long been treated as a personal expense with no tax break. Now, financing a new vehicle may come with a sizable tax benefit. For example, if you finance a $40,000 GMC SUV at 5 percent interest over five years, you might pay more than $5,000 in total interest. With the ‘Big, Beautiful Bill’, you could deduct your interest paid. Even if your interest charges do not reach $10,000 in one year, you still claim the amount you paid. Who Can Qualify for the Loans To take advantage of this deduction, the vehicle and purchaser must meet all of the following criteria: Vehicle final assembly is in the U.S. Vehicle must be new Vehicle is financed through a standard and secured loan Vehicles must be for personal-use; commercial vehicles and leases do not qualify. Modified adjusted gross income must be below: $100,000 for single filers and $200,000 for joint filers. For every $1,000 of income over these limits, your deduction reduces by $200. Must purchase between the beginning of 2025 and the end of 2028. If you meet these conditions, you can claim this deduction on your tax return. How to Claim the Interest Deduction Gather your documents. Keep Form 1098 and annual loan statements showing the interest you paid. Fill out Schedule 1. Enter the deductible interest on the line for other adjustments. File your return. Use tax software or a preparer that supports above-the-line deductions. You do not need to itemize to claim this benefit. With clear records and the right forms, claiming the deduction is straightforward. Our finance team at Cable Dahmer Buick GMC can even estimate your annual interest deduction so you know what to expect before you buy. Electric Vehicle Incentives Are Ending If you are considering an electric vehicle, the $7,500 federal tax credit for new electric vehicles expires on September 30, 2025. After that date, no further federal rebate will be available. In addition, some state level rebates and incentives may phase out at different times, so check your local rules. Models like the GMC Sierra EV and other plug-in vehicles are still currently eligible. Buying before the deadline locks in the full $7,500 credit for qualifying customers. If you lease, remember leases do not qualify for the auto loan interest deduction, but may still receive a portion of the EV credit as of now. Contact us if you have questions about specific vehicle eligibility. Why Buy from Cable Dahmer Buick GMC of Independence Buying from Cable Dahmer Buick GMC lets you combine the ‘Big, Beautiful Bill’ interest deduction with our dealership advantages: Wide selection of new and used cars from Buick, GMC, and more Competitive pricing and an easy sales process 5-Year Unlimited Mile Powertrain Warranty on new vehicles 5-Year 100,000-Mile Powertrain Warranty on select used cars Flexible financing options Certified Buick & GMC Service and Parts departments Free Pick-Up and Delivery with Cable Dahmer Connect for Service Appointments When you visit Cable Dahmer Buick GMC of Independence, our finance team can estimate your annual interest deduction and walk you through the details. We will help you structure a loan that fits your budget for your next vehicle purchase. Taking Next Steps To take full advantage of these savings, follow these steps: If you plan to buy an EV, purchase before September 30, 2025, to secure the $7,500 credit. Finance your new vehicle at Cable Dahmer Buick GMC to qualify for up to $10,000 in deductible interest. Consult your tax preparer or use software that supports above-the-line deductions. Explore our latest Buick & GMC offers online or in person to find the right model for your needs and budget. Contact us to discuss further details regarding eligible vehicles and financing options. Ready to Save at Cable Dahmer Buick GMC of Independence? At Cable Dahmer Buick GMC of Independence, we make vehicle buying easy. From estimating tax savings to securing competitive financing, our team guides you every step of the way. Visit us in Independence or call 816-895-1728 to schedule your test drive today. Let Cable Dahmer Buick GMC help you save under the Big Beautiful Bill and drive home with a great deal.

One question car owners have is if getting an oil change at a dealership is worth it, and often the answer is yes. When you bring your vehicle to a certified mechanic like you will find at Cable Dahmer Buick GMC of Independence, you will know it is in good hands. But did you know you can actually save money in the process? Let's learn why servicing your Buick or GMC with us is likely the right call. We Have a Deep Understanding of Your Ride At Cable Dahmer Buick GMC of Independence, we specialize in General Motors. Whether you drive a GMC Sierra 1500 or a Buick Encore GX, we can help you get the most out of your vehicle. When you service with us, you will find that we use genuine OEM parts and equipment, and that even applies to the kind of oil we utilize. We have a range of oil types, allowing you to get exactly what you are looking for. These include: Acdelco Gold Conventional Engine Oil Acdelco GM OE Dexos Full Synthetic Engine Oil Mobil 1 Full Synthetic Engine Oil Depending on your driving style, driving conditions, and age of your vehicle, our technicians can help you determine which oil is best suited to you. We know you need a car you can rely on, and using the right kind of fluids is a key part of that. Once your oil changed and oil filter replaced, we will provide you with a multi-point inspection. That means you'll walk away with a better understanding of your vehicle's overall health. Competitive Pricing on Oil Changes When looking for an oil change in Independence, MO, cost is probably going to be in our mind. We offer competitively priced oil changes, so you don't have to break the bank while servicing your vehicle. In fact, Monday through Friday from 3pm-5pm, you can enjoy half off your oil change. For just $49.95, you can get the maintenance your vehicle deserves. You will find a number of other oil change specials that can be applied to your service. From our six quart change for $89.95 to 10% off service on Saturdays. Schedule Your Service Appointment Is it time for an oil change? If you are in Blue Springs or the Grandview area, schedule an appointment with us at Cable Dahmer Buick GMC of Independence. And remember, we work on a number of different brands, not just Buick and GMC. Schedule online today or call us to experience the Cable Dahmer Difference.

At Cable Dahmer Buick GMC of Independence, we take pride in the services we provide to our customers. Whether it be helping someone find a new GMC truck or getting an oil change in Independence, MO, we have all of your automotive needs covered. And now we are proud to say we are officially a CARFAX 5X Top-Rated Dealer. This elite reward is a reflection of the commitment we have to the Kansas City area and providing you with an exceptional dealership experience. What Is a CARFAX Top-Rated Dealer? A CARFAX Top-Rated Dealer is a car dealership that meets the high standards of the brand. The average rating of these dealerships is 4.6 out of 5 stars. As a Cable Dahmer dealership, we are recognized for our commitment to transparency and providing a meaningful experience. If you are shopping for a new Buick for sale near you, shopping with us ensures you get the right vehicle for the job. For decades, area drivers have relied on our dealership for our GM service center and vast selection of inventory. We know that you have options during the car buying process, but no one else offers the Cable Dahmer Difference that we do. You can shop with us online or visit us in Independence to get the CARFAX Top-Rated Dealer experience.