auto loan tax deduction

what is Auto Equity Loan?

i want to make sure i can enjoy tax deductions from an auto equity loan



equity in anything is Resale value minus ammount owed= Equity… Lehman’s terms

You can get an auto equity loan from banks for repairs and personal reasons if the car is paid off and you hold the title! Usually the loan will be for a fraction of the value though! Repair loans are actually very common!

Auto Loan AND Bad Credit