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No kidding!
Today, more people are driving a brand new vehicle with lower monthly payments.
The economic stimulus package that Congress passed last fall includes a special tax break for new cars purchased after February 16, 2009, and before January 1, 2010.
It allows taxpayers to deduct their state and local sales and excise taxes paid on up to $49,500 of the purchase price of a qualified new car or light truck.
This tax break has even been extended to consumers in states that don't have sales tax. It’s just one reason why now really is a smart time to buy a new car.
Here are some more: • There are great deals and incentives on vehicles
• Vehicle quality and fuel efficiency have never been better
• Sales tax is deductible
• Credit is available
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Additional Resources:
 Check out the tax deductions for car and truck purchases
Read the FAQs about Financing!
See NADA's Open Letter that's running in newspapers nationwide
Then learn the basics of vehicle financing and find out how much car or truck you can afford:
Auto Financing 101
 This Web site was launched by Americans Well-informed on Automobile Retailing Economics (AWARE) to help consumers navigate the vehicle financing process. The site offers content in both English and Spanish. AWARE is a group of automotive industry leaders that have joined together to educate consumers about vehicle financing.
Understanding Vehicle Financing 
This 10-page brochure is designed to help car buyers learn about dealership financing and evaluate their financial situation before financing a new or used vehicle. The brochure — produced by NADA and the American Financial Services Association Education Foundation (AFSAEF), in cooperation with the Federal Trade Commission (FTC) — is available as a pdf download.
Check out new- and used-car values at nadaguides.com.
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