Does the Genesis GV70 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 Genesis GV70 is built and what it means for your loan interest.

Assembly data: NHTSA vPIC + our verified plant lists · Not tax advice · Methodology

DEPENDS — assembly varies by VIN

The Genesis GV70 may qualify, depending on your VIN. 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 GV70 is the rare Genesis with an American birth certificate — but only some of them. Genesis builds it at both Montgomery, Alabama and Ulsan, Korea, and US-market cars come from both. Whether your GV70 passes the OBBBA assembly test depends entirely on which plant your VIN decodes to.

Where the Genesis GV70 is assembled

Assembly plant	Location	Assembly test
Hyundai Motor Manufacturing Alabama (HMMA)	Montgomery, AL	✓ United States

⚠️ Genesis dual-sources the GV70: the redesigned 2026 GV70 and Electrified GV70 are built both at Hyundai Motor Manufacturing Alabama in Montgomery and at Ulsan, Korea. Two GV70s on the same lot can have different assembly countries, so only a VIN that decodes to the Alabama plant clears the assembly test.

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→

Check your exact VIN → Estimate your deduction

Frequently asked questions

Is the Genesis GV70 made in the USA?

Some are. Genesis assembles the GV70 and Electrified GV70 at Hyundai Motor Manufacturing Alabama in Montgomery, but also in Ulsan, Korea. A Korean-built GV70 fails the US assembly test, so decode the VIN.

How do I tell which plant built my GV70?

Read the VIN's first character. A 1, 4 or 5 means US assembly and passes the test; a K means Korea and fails it. Our VIN checker resolves it in seconds.

Does the Electrified GV70 follow the same rule?

Yes. The Electrified GV70 was actually the first Genesis assembled outside Korea, at the Alabama plant — but it is also built in Korea, so the VIN still decides.

Related vehicles

Genesis GV80 ✕ Doesn't qualify Honda CR-V ! Depends on VIN Toyota RAV4 ! Depends on VIN Toyota Highlander ✓ Qualifies Toyota 4Runner ✕ Doesn't qualify Honda Pilot ✓ Qualifies

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