If you look at the people, they're saving from 5 to 7, $8,000 even on average because of that. So it's been good. But I did something else that nobody talks about. If you buy a car and you borrow money, you're allowed to deduct the interest for income tax purposes. Never happened before. And deductions were always meant for rich people. They weren't meant for middle class people or other people wanting to buy a car. (1:14:43–1:14:51)
CLAIM
Asserts that car buyers can deduct interest payments on loans for tax purposes.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.