2026 Honda Passport American Made Tax Credit

The 2026 Honda Passport is hitting the roads with new attention from drivers and tax planners alike. Why? Because of changing U.S. tax laws. These laws could help you save money when you buy and finance this SUV.

If you're thinking about buying a new 2026 Passport, know how tax incentives work. This addresses traditional EV tax credits and the new loan interest deduction from the One Big Beautiful Bill. In news and tax discussions, it’s often known as the Big Beautiful Bill.

In this blog, we break the topic into clear parts. We explain what the American-made tax credit is. We show how the 2026 Honda Passport fits in. We’ll show examples of cars that qualify for the 2025 Big Beautiful Bill tax credit.

We’ll also provide a list of cars eligible for interest deduction. The information is in short sentences. Both writers use active and passive voice to enhance readability.

What Is the American-Made Tax Credit?

A tax credit reduces the amount of tax you owe dollar for dollar. If a vehicle qualifies, it may reduce your tax bill by a set amount. For electric vehicles (EVs) and plug-in hybrids, the federal tax credit used to give up to $7,500. Buyers report this credit at the time of buy or when filing taxes.

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In late 2025, new legislation changed the federal EV tax credit. The EV buy credit ended on September 30, 2025. That means most new EV tax credits are no longer available in the same way employers or dealers used to apply them.

Yet another incentive now exists. It isn’t a direct vehicle buy tax credit. It's a loan interest deduction for U.S.-made vehicles. This was set up by the One Big Beautiful Bill Act, often referred to as the Big Beautiful Bill in tax guides.

How Does the Big Beautiful Bill Help Buyers?

The Big Beautiful Bill allows a new tax benefit: deducting auto loan interest. You can deduct up to $10,000 each year. This applies to interest paid on a loan for a new personal-use vehicle. Someone must assemble the vehicle in the United States.

To claim this deduction:

1. The vehicle must be new.
2. It must be for personal use—not for business or fleet.
3. The loan must start after December 31, 2024.

The manufacturer must assemble the vehicle in the U.S. and ensure it weighs under 14,000 lbs.

You must have documentation of the loan and the VIN.

This deduction is available from 2025 through 2028. It changes how many people think about U.S.-built vehicles. And it may change which cars you choose.

Why the 2026 Honda Passport Matters?

The 2026 Honda Passport is a mid-size SUV built at Honda’s Alabama plant in Lincoln, Alabama.

They make the Passport in the United States. So, it might qualify for the auto loan interest deduction under the Big Beautiful Bill. Make sure to buy it new and finance it with an eligible auto loan.

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A buyer of a 2026 Passport, financed with a qualifying loan, can deduct some of the interest paid each year. This tax benefit is separate from the older EV tax credits. The old EV credit has mostly ended, but the new interest deduction can still give you money back.

This is great news for buyers who are looking for a reliable American-made midsize SUV that offers tax benefits.

Cars That Qualify for Tax Credit 2025: Big, Beautiful Bill

Here are some cars that qualify for the 2025 Big Beautiful Bill tax credit. Check these out if you’re comparing vehicles and tax benefits. Here are the vehicles that meet the final assembly condition, based on IRS and dealer sources:

U.S.-Assembled Cars & SUVs:

1. Honda Passport
2. Honda Pilot
3. Honda Ridgeline
4. Honda Accord
5. Honda CR-V (certain trims)
6. Ford F-150
7. Ford F-150 Lightning
8. Jeep Wrangler
9. Jeep Grand Cherokee
10. GMC Sierra
11. Chevrolet Silverado

Tesla Model 3 (assembled in the U.S.)

Chevrolet Corvette

Buick Enclave

Toyota Camry and Corolla

And many others gathered in the country.

These models, along with others, qualify for interest deduction under the One Big Beautiful Bill Act. If you plan to finance one of these vehicles, you may qualify for the deduction each year you pay interest.

Knowing which cars are on this list can help you compare total costs. This is especially important if you plan to keep the vehicle for years and want to maximize tax savings.

What Is on the List of Cars That Qualify for Interest Deduction?

The “List of cars that qualify for interest deduction” is much larger than the list of tax credits for EVs. Under the Big Beautiful Bill Act, over 100 vehicles are eligible. These include:

1. Pickup trucks, like the Ford F-150.
2. SUVs like the Honda Passport and Jeep Wrangler.
3. Sedans, like the Toyota Camry.
4. Sports cars, like the Chevrolet Corvette.

Electric vehicles like Tesla Model 3 (as long as assembled in the U.S.).

This list matters a lot for buyers. It shows that the deduction isn’t limited to EVs. You are not required to own an electric car to take advantage of this tax break. This means a gas-powered Honda Passport can give you tax savings, but only if it meets the assembly and loan requirements.

Why This Matters to You?

Here’s why every buyer should understand these incentives:

1. More Savings on Your Tax Return

When you finance a new U.S.-assembled vehicle, you may be able to take large deductions. For example, if your loan interest for the year is $6,000, you could deduct most or all that amount — up to $10,000 per year. This reduces your taxable income and may lower your total tax bill.

2. More Options for Your Next Vehicle

Because of the deduction, many buyers now look at vehicles built in America first. The Passport, Accord, Pilot, and others are great options for your car choices.

3. You Still Need to Document It

Tax incentives are powerful but need paperwork. You must keep loan statements, VIN documentation, and the final assembly point disclosure. Without proof, the IRS may disallow the deduction.

How to Claim the Deduction

Here are simple steps to follow:

1. Buy a new U.S.-assembled vehicle like the 2026 Honda Passport.
2. Use a proper auto loan that starts after Dec. 31, 2024.
3. Keep interest statements from your lender (tax form 1098).
4. Report the interest and VIN on your tax return.

Check income limits — the deduction phases out depending on your income.

Conclusion

The 2026 Honda Passport American Made Tax Credit isn’t a typical buy rebate. Instead, it is part of a new federal tax deduction created by the One Big Beautiful Bill. This benefit lets buyers deduct auto loan interest on new vehicles made in the U.S., such as the Passport.

If you’re looking at cars for the 2025 Big Beautiful Bill tax credit or interest deductions, remember this: American-made vehicles now have new tax benefits. These can save you money over time, especially if you finance a vehicle like the 2026 Passport.

Check the final assembly point on the window sticker before you decide. Also, confirm your loan qualifies. Then talk to a tax professional. With these steps, you could make your next car buy more cost-effective and tax-efficient.