Travelall 3 Row

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"For the 2025 tax year, taxpayers may deduct up to $10,000 in interest paid on loans used to purchase a new vehicle, provided the vehicle meets specific criteria and the loan was originated between January 1, 2025, and December 31, 2028. The vehicle must be new, with original use starting with the taxpayer, purchased for personal use (not business), and have undergone final assembly in the United States, such as models with a VIN starting with 1, 4, or 5. Eligible vehicles include cars, minivans, SUVs, pickup trucks, and motorcycles with a gross vehicle weight rating under 14,000 pounds, but used vehicles, leased vehicles, and those assembled abroad do not qualify.

The deduction begins to phase out for single filers with modified adjusted gross income (MAGI) over $100,000 and joint filers over $200,000, fully phasing out at $150,000 and $250,000 respectively, with the deduction reduced by $200 for every $1,000 of income above the threshold. This is an above-the-line deduction, meaning it can be claimed even if the taxpayer does not itemize deductions. If a qualifying loan is refinanced, interest on the refinanced amount generally remains eligible for the deduction."
Thanks
 
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"For the 2025 tax year, taxpayers may deduct up to $10,000 in interest paid on loans used to purchase a new vehicle, provided the vehicle meets specific criteria and the loan was originated between January 1, 2025, and December 31, 2028. The vehicle must be new, with original use starting with the taxpayer, purchased for personal use (not business), and have undergone final assembly in the United States, such as models with a VIN starting with 1, 4, or 5. Eligible vehicles include cars, minivans, SUVs, pickup trucks, and motorcycles with a gross vehicle weight rating under 14,000 pounds, but used vehicles, leased vehicles, and those assembled abroad do not qualify.

The deduction begins to phase out for single filers with modified adjusted gross income (MAGI) over $100,000 and joint filers over $200,000, fully phasing out at $150,000 and $250,000 respectively, with the deduction reduced by $200 for every $1,000 of income above the threshold. This is an above-the-line deduction, meaning it can be claimed even if the taxpayer does not itemize deductions. If a qualifying loan is refinanced, interest on the refinanced amount generally remains eligible for the deduction."
Either your interest rate would have to be crazy high or you are financing a crazy amount to get even close to it being $10,000. That’s like $800 or a month in interest. Never gonna happen.
 
I was planning to pay cash for my Scout, but if they make my interest “free” then it may be a smarter move to take the loan and park the money elsewhere.
I suggested that to my wife who is in banking with a masters degree in accounting and she said if you can pay cash the interest rates deduction isn’t worth it. As my career is shapes, pens and markers I’ll defer to her logic 🤣
 
I suggested that to my wife who is in banking with a masters degree in accounting and she said if you can pay cash the interest rates deduction isn’t worth it. As my career is shapes, pens and markers I’ll defer to her logic 🤣
I could technically park a second one somewhere else.

Did double some money during COVID with crypto and pulled out at the right time. Might try my hand again at the sh*tcoin casino 🫠

Also, don’t ask your wife about either of those things.

Just follow your heart.
 
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I could technically park a second one somewhere else.

Did double some money during COVID with crypto and pulled out at the right time. Might try my hand again at the sh*tcoin casino 🫠

Also, don’t ask your wife about either of those things.

Just follow your heart.
Crypto is great. We have our entire retirement savings in it. If only I could remember where our crypto wallet key is ??? She’s made her feelings VERY clear on that 🤣🤣🤣
 
Fisker has made many missteps in his attempts to start his own car company; he’s bankrupted two car companies so far. He’s just not a good CEO. IMO, he needs to go back to the drawing board, literally, and stick to what he’s good at: designing cars.
On a different note I have actually worked with Fisker for a bit as my company collaborated with him. His wife is a piece of work and micromanaged everything. Fisker was rarely present on the other hand.
 
Not really. In the Terra the spare tire is underbody and it is 229 inches long - pretty much right in size with the Jeep Grand Wagoneer or the Chevy Suburban
That depends on the tire size.
Screenshot 2025-10-10 at 10.42.17.png
 
That depends on the tire size. View attachment 9889
I know its not going to happen, but I really wish there was a rear swingout carrier option for the Terra.

Yes, its one more thing to move when you open the bed, but I would prefer to have more space in the bed freed up on trips. If it was removable like the Travelers that would be even better.

I would also love to see an auxillary fuel tank option that would occupy the space the spare would normally take up underneath the bed. That is if the Harvester generator can still fit with a spare.
 
I know its not going to happen, but I really wish there was a rear swingout carrier option for the Terra.

Yes, its one more thing to move when you open the bed, but I would prefer to have more space in the bed freed up on trips. If it was removable like the Travelers that would be even better.

I would also love to see an auxillary fuel tank option that would occupy the space the spare would normally take up underneath the bed. That is if the Harvester generator can still fit with a spare.
I thin it should be possible aftermarket, as the swing out tire carrier can be detached from the Traveler too.
 
I know its not going to happen, but I really wish there was a rear swingout carrier option for the Terra.

Yes, its one more thing to move when you open the bed, but I would prefer to have more space in the bed freed up on trips. If it was removable like the Travelers that would be even better.

I would also love to see an auxillary fuel tank option that would occupy the space the spare would normally take up underneath the bed. That is if the Harvester generator can still fit with a spare.
If they don’t do this I’ll be mad.