What Does Trailhawk Mean On a Jeep?

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 CDJR in Kansas City can help you save. What is The Auto Loan Interest Deduction? 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 Jeep 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 Qualifies For It? 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 Vehicle 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 CDJR can even estimate your annual interest deduction so you know what to expect before you buy. Electric Vehicle Incentives Are Ending in September 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 Jeep Wagoneer S 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 CDJR Buying from Cable Dahmer CDJR lets you combine the ‘Big, Beautiful Bill’ interest deduction with our dealership advantages: Wide selection of new and used cars from Chrysler, Dodge, Jeep, Ram, 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 CDJR Service and Parts departments Free Pick-Up and Delivery with Cable Dahmer Connect for Service Appointments When you visit Cable Dahmer CDJR, 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. 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 CDJR 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 Chrysler, Dodge, Jeep and Ram 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 on Your Next Vehicle Purchase? At Cable Dahmer CDJR in Kansas City, MO, we make car buying easy. From estimating tax savings to securing competitive financing, our team guides you every step of the way. Visit us in Kansas City or call (816) 203-1102 to schedule your test drive today. Let Cable Dahmer CDJR help you save under the Big Beautiful Bill and drive home a great deal.

Are you wondering if buying a used Jeep is a good idea? With such a rich heritage of capability and practicality, Jeep SUVs are often sought-after vehicles in the Kansas City area. Because of that, our team at Cable Dahmer CDJR wants to help you determine if a used Jeep is right for you. Should You Buy a Used Jeep? Buying a used Jeep comes with a number of benefits, including their off-road capability and unique driving characteristics. When you opt to purchase a pre-owned model, you can experience all of it for less. And that is why many KC and surrounding area residents from Lee’s Summit look to used Jeep SUVs. These three examples might be the best for you to consider. 2018 Jeep Cherokee The 2018 Jeep Cherokee seats up to five and offers a V6 engine. It is also lauded for its refined ride and spacious cabin. Depending on mileage and condition, a model from this era typically costs under $20,000. One thing that truly sets the Cherokee apart from other SUVs in its segment is the three four-wheel drive systems. So, not only is this a 4x4 SUV, you can get it with an advanced four-wheel drive system. And whether it be Kansas City winters or an off-road adventure, that is sure to be appreciated. 2020 Jeep Wrangler When it comes to off-road SUVs, it doesn’t get much more iconic than the Jeep Wrangler. With a history that can be traced back to World War II, it makes sense why Kansas and Missouri drivers love this vehicle. The 2020 Jeep Wrangler adds modern features to this history. At the same time, you can still find one with a six-speed manual transmission. Notable features about this generation of Wrangler include: 3.6-liter V6 engine Standard four-wheel drive Rubicon trim level Apple CarPlay & Android Auto 2022 Jeep Gladiator Shopping for a Jeep truck? The 2022 Jeep Gladiator is ready to answer the call. With its optional 3.0-liter turbo diesel engine, it benefits from up to 442 pound-feet of torque. And, as you would expect from a Jeep vehicle, the Gladiator can come well-equipped to handle the road less traveled. One of the other fun things about this mid-size truck is the fact that it offers an open-air experience. Shop Our Used Jeep Inventory Are you looking for a used Jeep for sale near you? If so, our team is ready to help with that. We carry a range of pre-owned models, which means you will not have to settle when it comes time to buy. You can shop our used inventory online, or you can visit our Kansas City Jeep dealership to learn more.

The all-new 2024 Dodge Charger is here, and this muscle car has some changes you should know about. In what Dodge is proclaiming as the first-ever all-electric muscle car, the Dodge Daytona certainly looks ready for the streets of Kansas City. At Cable Dahmer CDJR, we are excited to share what we know about this EV. Is the Dodge Charger Electric? For the 2024 model year, Dodge is releasing an electric charger. And that means, rather than a beefy V8 under the hood, this vehicle will be powered by batteries. The revealed model looks highly similar to the concept, and there are really no complaints there. From a long nose to a liftback, the new Daytona harkens back to the golden age of American muscle cars. Both a four-door and a two-door model will be available, along with a variety of performance upgrades. And although the 2024 Dodge Daytona is an EV, there will still be a gas-powered Charger later down the line. What is the 2024 Dodge Daytona? The new Dodge Daytona is an electric muscle car. It comes standard with 335 horsepower and 300 pound-feet of torque, but of course, more power is available. The Daytona R/T will come with 456 horsepower and 404 pound-feet of torque. For even more performance, the Scat Pack will make 590 horsepower and 627 pound-feet of torque. For the first year of production, something called Direct Connection Stage Kits will be available. These upgrades increase power up to 670 horsepower. And that should make for a thrilling drive, whether you are at the track or at the drag strip. One thing our team at Cable Dahmer CDJR is most excited about is that this EV is available as a coupe or a sedan. That means whether you need the practicality of four doors or you prefer something more sporty, you can get it. How Fast Can the Dodge Daytona Charge? In terms of charging, Dodge has stated that about an 80% charge can be added in 30 minutes when using a 350-kW-capable DC fast charger. With AC charging, you will get a peak of 11 kW. For a Level 2 AC charger, expect it to take around six hours to charge to 80%. Visit Our Kansas City Dealership Ready to experience the latest that Dodge has to offer? We encourage you to reach out to our Dodge dealership in Kansas City. We are passionate about all things automotive, and we would love to share our insights with you!