Amy Scott

To qualify, those new vehicles need to have been assembled in the United States.

To qualify, those new vehicles need to have been assembled in the United States.

There are also income limits.

There are also income limits.

The deduction was part of that big tax and spending law enacted last year, and it's retroactive to purchases made in 2025.

The deduction was part of that big tax and spending law enacted last year, and it's retroactive to purchases made in 2025.

The idea is to ease some costs for consumers while boosting the U.S.

The idea is to ease some costs for consumers while boosting the U.S.

auto industry.

auto industry.

Marketplace's Nova Sappho has more on how it works and who might benefit.

Marketplace's Nova Sappho has more on how it works and who might benefit.

You want to know how expensive it is to buy a new car these days?

You want to know how expensive it is to buy a new car these days?

Well, join me at a Chevy dealership.

Well, join me at a Chevy dealership.

Brett Hedrick, owner of Hedrick's Chevrolet, is showing me the white pickup displayed in a showroom in Clovis, California.

Brett Hedrick, owner of Hedrick's Chevrolet, is showing me the white pickup displayed in a showroom in Clovis, California.

The Silverado truck is popular among the construction and farming crews in the area.

The Silverado truck is popular among the construction and farming crews in the area.