Does the Toyota 4Runner 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 Toyota 4Runner 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 Toyota 4Runner 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 Toyota 4Runner is built in Japan, so it fails the OBBBA final-assembly-in-America test — including the redesigned 2025 model. However well it holds its value, an imported 4Runner can't clear the assembly gate. Shoppers who need US assembly should compare the Indiana-built Highlander.
Where the Toyota 4Runner is assembled
The Toyota 4Runner 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 Toyota 4Runner made in America?
No. The 4Runner is assembled in Japan, so it does not meet the US final-assembly requirement for the deduction.
Does the new 2025 4Runner change where it's built?
No. The redesigned 4Runner is still imported from Japan, so it fails the assembly test just like earlier model years.
Which Toyota SUVs are US-built instead?
The Highlander and Grand Highlander (Princeton, Indiana) and the Sequoia (San Antonio, Texas) are US-assembled — verify with the VIN before counting on the deduction.
Advertiser disclosure
Financing a Toyota 4Runner? 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.