On July 4, 2025, President Trump signed the One Big Beautiful Bill Act into law. The legislation included a new “No Tax on Car Loan Interest” provision, allowing taxpayers to deduct up to $10,000 per year in interest paid on loans for newly purchased, U.S.-manufactured vehicles.
While some RVs appear to fall under the definition of an “applicable passenger vehicle” for purposes of this deduction, travel trailers and larger RVs were ultimately excluded from the final legislation, even though they were included in the House-passed version. This omission has created confusion for both dealers and consumers and prevents RV buyers of American-made products from accessing this tax benefit.
The bipartisan No Tax on RV Loans Act, H.R. 8672, led by Representatives Rudy Yakym and Dina Titus, and S. 4653, led by Senator Young, would correct this by explicitly including all RVs within the “No Tax on Vehicle Loans” provision of the law. Together, these bills would clarify the definition to ensure all RVs are eligible, allowing consumers to fully benefit from the deduction and making RV ownership more affordable.
In particular, the No Tax on RV Loans Act would:
- Strengthen American manufacturing and protect 643,000 jobs in an industry where nearly 90% of RVs sold worldwide are built in the United States by American workers.
- Provide targeted tax relief to working- and middle-class families, whether they itemize or take the standard deduction, with income phase-outs ensuring the benefit is focused on middle-income taxpayers.
- And more!
Urge your Member of Congress to support the No Tax on RV Loans Act to ensure RVing remains accessible and affordable for American families.
Act Now: Contact your member of Congress…
