Licensed Appraiser
The One Big Beautiful Bill Act brought back a deduction for car loan interest, capped at $10,000 through 2028. The eligibility rules eliminate most buyers, the real dollar benefit is modest, and it does nothing about depreciation, negative equity, or diminished value.
The 25% Section 232 duties on imported parts are now visible in everyday repair estimates. Higher parts costs push more vehicles across the total loss threshold and change what a repaired car is worth afterward. Here is where the money is sitting in your file.
Lucid cut 18% of its workforce in June 2026, its second round of layoffs in four months. Here’s how that compares to Rivian, Fisker, and Canoo, and what the pattern reveals about the EV-only business model.
