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  • From all of us at Scout Motors, welcome to the Scout Community! We created this community to provide Scout vehicle owners, enthusiasts, and curiosity seekers with a place to engage in discussion, suggestions, stories, and connections. Supportive communities are sometimes hard to find, but we're determined to turn this into one.

    Additionally, Scout Motors wants to hear your feedback and speak directly to the rabid community of owners as unique as America. We'll use the Scout Community to deliver news and information on events and launch updates directly to the group. Although the start of production is anticipated in 2026, many new developments and milestones will occur in the interim. We plan to share them with you on this site and look for your feedback and suggestions.

    How will the Scout Community be run? Think of it this way: this place is your favorite local hangout. We want you to enjoy the atmosphere, talk to people who share similar interests, request and receive advice, and generally have an enjoyable time. The Scout Community should be a highlight of your day. We want you to tell stories, share photos, spread your knowledge, and tell us how Scout can deliver great products and experiences. Along the way, Scout Motors will share our journey to production with you.

    Scout is all about respect. We respect our heritage. We respect the land and outdoors. We respect each other. Every person should feel safe, included, and welcomed in the Scout Community. Being kind and courteous to the other forum members is non-negotiable. Friendly debates are welcomed and often produce great outcomes, but we don't want things to get too rowdy. Please take a moment to consider what you post, especially if you think it may insult others. We'll do our best to encourage friendly discourse and to keep the discussions flowing.

    So, welcome to the Scout Community! We encourage you to check back regularly as we plan to engage our members, share teasers, and participate in discussions. The world needs Scouts™. Let's get going.


    We are Scout Motors.
"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 🤣🤣🤣
 
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