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Most Cadillac models
You may be eligible for a tax deduction for up to
$10,0001
in annual interest paid on most Cadillac Vehicles
Cadillac has more U.S. - assembled models than any other luxury brand.2
WHAT THE ONE BIG BEAUTIFUL BILL MEANS FOR VEHICLE BUYERS
This Act is all about rewarding the purchase of a U.S. Assembled vehicle, by allowing eligible purchasers to deduct the interest paid on your loan - without compromising on what matters most to you.
The One Big Beautiful Bill is a new federal law aimed, in part, at incentivizing the purchase of eligible vehicles assembled* in the U.S. by qualified purchasers.
HERE'S WHAT IT COULD MEAN FOR YOU - MORE VALUE
New incentives could provide tax savings on interest payments made on eligible auto loans for qualified buyers, making it more affordable to get into eligible cars, trucks, or SUVs assembled in the US.
HOW THE AUTO LOAN INTEREST DEDUCTION WORKS
For qualified buyers, the Act may allow up to $10,000 in annual interest paid on a qualifying new-vehicle loan to be deducted from federal taxable income for tax years 2025 through 2028. Eligibility requirements apply, including vehicle assembly and loan requirements, and the deduction is subject to income-based phaseouts.
SHOP ELIGIBLE CADILLAC VEHICLES IN JACKSONVILLE, FL
If you're considering a new Cadillac, Fields Cadillac Jacksonville can help you explore vehicles that may meet the U.S. final-assembly requirements. Browse our new Cadillac inventory to find your next luxury car or SUV, then connect with our Finance Center to discuss available financing options.
CHECK YOUR VEHICLE'S ELIGIBILITY
Not every vehicle or buyer will qualify for the deduction. Eligibility can depend on factors including the vehicle's final assembly location, the type and date of the loan, and the purchaser's modified adjusted gross income. Before making a purchase based on potential tax savings, confirm the vehicle's eligibility and consult a qualified tax professional regarding how the deduction may apply to your individual situation.
Additional Program Details
- PROVIDES A TAX DEDUCTION FOR UP TO $10,000 IN ANNUAL INTEREST PAID ON LOANS TO ACQUIRE U.S. ASSEMBLED QUALIFYING VEHICLES FOR ELIGIBLE CONSUMERS
- APPLIES WHETHER AN INDIVIDUAL ITEMIZES DEDUCTIONS OR TAKES THE STANDARD DEDUCTION
- Consult your tax, legal, or accounting professional if you have questions. This information does not constitute tax, accounting, or legal advice.
- INCOME LIMITS: BENEFIT BEGINS TO PHASE OUT FOR CUSTOMERS WITH MODIFIED ADJUSTED GROSS INCOME IN EXCESS OF $100K (SINGLE) OR $200K (MARRIED FILING A JOINT RETURN).
- INDIVIDUALS FINANCING ONLY – NOT APPLICABLE TO COMMERCIAL/FLEET PURCHASES & NO LEASE BENEFIT
- ONLY APPLIES TO INTEREST PAID IN TAX YEARS 2025-2028
- MUST BE NEW DEBT CONTRACTED AFTER 12/31/2024, EXCLUDES REFINANCING OF DEBT INCURRED PRIOR TO 12/31/2024
- MUST BE ASSEMBLED IN THE U.S.