Does the Chevrolet Equinox qualify for the car loan interest deduction?
The 2025–2028 deduction turns on where a vehicle is finally assembled — not the badge. Here's where the 2025–2026 Chevrolet Equinox is built and what it means for your loan interest.
Assembly data: NHTSA vPIC + our verified plant lists · Not tax advice · Methodology
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FAIL — assembled outside the USA
The Chevrolet Equinox does not qualify on the assembly test. Assembly is one of four gates — you also need a new vehicle, personal use, a 2025–2028 loan, and income under the phase-out.
The short answer
The Chevrolet Equinox — gas and EV — is built in Mexico and Canada, not the US, so it fails the OBBBA final-assembly-in-America test. Even a brand-new, personal-use Equinox can't clear this gate because it isn't US-assembled. Shoppers who want a US-built Chevy SUV should check the Traverse (Michigan).
Where the Chevrolet Equinox is assembled
The Chevrolet Equinox is imported for the US market — its final assembly point is outside the United States, so it fails the assembly test regardless of the brand.
Confirm the other three tests
A US-assembly result is only the first gate. Each remaining condition has its own guide:
New & personal-use — used cars and leases don't qualify→ Loan dated 2025–2028 — refinancing keeps eligibility→ Income under the phase-out — run the MAGI calculator→
Frequently asked questions
Is the Chevrolet Equinox made in America?
No. The gas Equinox is built in Mexico and Canada, and the Equinox EV is built in Mexico — none meet the US final-assembly requirement.
Does the Equinox EV qualify since it's electric?
No. The deduction turns on US assembly, not the powertrain, and the Equinox EV is assembled in Mexico, so it fails the assembly test.
Which Chevy SUV is US-built instead?
The Traverse (Lansing, Michigan), Tahoe and Suburban (Arlington, Texas) are US-assembled. Verify the plant with the VIN before counting on the deduction.
Advertiser disclosure
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A lower rate means less interest — and the qualifying interest is what's deductible. Compare partner lenders; checking won't affect your credit score.