Now You Can Deduct Interest on Your Powersports Loan—Here’s How
Looking for a way to make your next ATV, UTV, or personal watercraft purchase more affordable? A new federal tax law just made that easier. The One Big Beautiful Bill (OBBB), signed into law on July 4, 2025, allows eligible buyers to deduct up to $10,000 per year in interest on qualifying vehicle loans—including many of the models we carry here at Broward Motorsports Palm Beach.
Whether you’re financing a rugged Polaris for off-road adventures or a Yamaha boat for weekends around Peanut Island, this deduction could help you save in a big way.
What Makes This Deduction Unique?
The OBBB created an above-the-line deduction, which reduces your Adjusted Gross Income (AGI)—and that means more people can qualify without needing to itemize.
Here’s what the deduction includes:
✅ Available to buyers from 2025 through 2028
✅ Applies to new, retail, financed, personal-use vehicles under 14,000 lbs
✅ Vehicle must be assembled in the U.S. (VIN must start with 1, 4, or 5)
✅ Deduction applies even if you take the standard deduction
✅ Income caps apply: $100K individual, $200K joint (phase-outs begin above those levels)
✅ Cash purchases do not qualify
Note: Always consult your tax professional to verify personal eligibility. We’ll help you identify eligible vehicles.
Eligible Units at Broward Motorsports Palm Beach
Our Palm Beach inventory includes several popular U.S.-assembled vehicles that qualify under the new federal law:
Polaris RZR, General, and Sportsman models – Built in Iowa, Minnesota, and Alabama
Yamaha Grizzly and Kodiak ATVs – Assembled in Newnan, Georgia
Yamaha Jet Boats (e.g., AR190, 222 FSH) – Assembled in the U.S. with qualifying VINs
Whether you're heading inland to ride trails or launching your boat near the Palm Beach Inlet, we have models that can help you ride—and save—with confidence.
Example: What You Could Save
Let’s say you finance a $17,000 Polaris Sportsman at 9.99% APR over 60 months. That’s roughly $4,700 in total interest.
Since this deduction is above-the-line, that $4,700 reduces your AGI—translating to several hundred dollars in potential tax savings annually, depending on your income and tax bracket.
With the law allowing up to $10,000 in deductible interest per year, higher-value or multiple qualifying loans can deliver even more impact.
Why This Matters for Palm Beach Customers
South Florida riders know that powersports ownership is about more than just fun—it’s a lifestyle. And now, with this deduction, it's also a smart financial decision.
Whether you’re towing a Yamaha boat to the coast, hauling gear out west, or investing in a U.S.-built UTV for your property, this tax benefit helps make financing more appealing—and more affordable.
Let’s Make It Easy
Our staff at Broward Motorsports Palm Beach is ready to walk you through:
Which models qualify based on VIN and final assembly
How our financing options can unlock the deduction
Current promotions you can combine with this tax benefit
We're not tax advisors, but we’ll help you verify eligibility so you're fully informed before making your decision.
Visit Broward Motorsports Palm Beach Today
Ready to take advantage of the $10K interest deduction on your next powersports purchase? We’ve got U.S.-assembled ATVs, UTVs, and boats in stock—plus the expert team to help you get the most from your financing.
Broward Motorsports Palm Beach
Serving Palm Beach County powersports riders with Yamaha, Polaris, and more.