Does the Hyundai Santa Cruz 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 Hyundai Santa Cruz 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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PASS — assembled in the USA
The Hyundai Santa Cruz qualifies 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
Hyundai builds the Santa Cruz pickup in Montgomery, Alabama, so it passes the OBBBA final-assembly test. New, personal-use, and financed under the income cap, a Santa Cruz loan's interest can be deductible. US assembly is one requirement — the others still apply.
Where the Hyundai Santa Cruz is assembled
| Assembly plant | Location | Assembly test |
|---|---|---|
| Hyundai Motor Manufacturing Alabama | Montgomery, AL | ✓ United States |
Confirm the other three tests
A US-assembly PASS 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
Where is the Hyundai Santa Cruz built?
The Santa Cruz is assembled at Hyundai's Montgomery, Alabama plant, a US final-assembly point that meets the assembly test.
Is the Santa Cruz built in the same plant as the Santa Fe?
Yes. Both the Santa Cruz and the Santa Fe come from Hyundai's Montgomery, Alabama plant, so both are US-assembled.
Does using the Santa Cruz for work affect the deduction?
The OBBBA deduction is for personal use. Interest on a pickup used mainly for business falls under separate business rules, not this one.
Advertiser disclosure
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