Does the Lexus TX 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 Lexus TX 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 Lexus TX 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
The TX is the exception in the Lexus lineup: it is the first Lexus SUV assembled in the United States, built at Toyota's Princeton, Indiana plant alongside the Grand Highlander and Sienna. That makes the three-row TX the Lexus most likely to clear the OBBBA final-assembly test.
Where the Lexus TX is assembled
| Assembly plant | Location | Assembly test |
|---|---|---|
| Toyota Motor Manufacturing Indiana (TMMI) | Princeton, IN | ✓ 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
Is the Lexus TX made in the USA?
Yes. The TX is assembled at Toyota Motor Manufacturing Indiana in Princeton, Indiana — the only Lexus SUV built outside Japan and a US final-assembly point.
Do the TX 500h and TX 550h+ hybrids also qualify?
They come off the same Princeton, Indiana line, so they clear the assembly test. Decode the VIN to confirm, and the new-vehicle, personal-use and MAGI rules still apply.
Are other Lexus models US-built?
No. The RX comes from Canada and the NX, ES and GX come from Japan or Canada. The TX is currently the only US-assembled Lexus.
Related vehicles
Lexus RX ✕ Doesn't qualify Lexus NX ✕ Doesn't qualify Lexus ES ! Depends on VIN Lexus GX ✕ Doesn't qualify Honda CR-V ! Depends on VIN Toyota RAV4 ! Depends on VIN
Advertiser disclosure
Financing a Lexus TX? Compare rates before you sign.
A lower rate means less interest — and the qualifying interest is what's deductible. Compare partner lenders; checking won't affect your credit score.