Back

Big Tax Savings for Powersports Buyers: What the “Big Beautiful Bill” Means for You

Jul. 27 2025 informative By Anthony Bruno

Share

Big Tax Savings for Powersports Buyers: What the “Big Beautiful Bill” Means for You

If you’ve been dreaming about that new motorcycle, ATV, or personal watercraft—2025 may be the best time to make it happen. Thanks to new tax incentives under the One Big Beautiful Bill (OBBB), qualifying buyers can deduct thousands in loan interest on new vehicle purchases—including many powersports products we sell right here at Broward Motorsports Hollywood.

Let’s break down how it works—and how you can save.

💰 What’s New: A $10,000 Interest Deduction

Beginning January 1, 2025, buyers of new powersports vehicles may be eligible to deduct up to $10,000 per year in interest on their vehicle loans. This applies even if you don’t itemize deductions—a huge win for working Americans and riders alike.

✅ Eligible vehicles include:

  • Motorcycles

  • ATVs

  • Side-by-sides (UTVs)

  • Scooters

  • Personal watercraft (like Sea-Doos or WaveRunners)
    (As long as they’re under 14,000 lbs and used for personal—not commercial—use.)

🏍 Why This Matters for Powersports Shoppers

At Broward Motorsports Hollywood, many of our customers finance their purchases—and with interest rates higher than they’ve been in years, this new deduction gives real relief.

Let’s say you finance a new $18,000 Sea-Doo with a 9.5% loan:

  • In the first year, you might pay $1,500–$2,000 in interest.

  • With the deduction, that amount could reduce your taxable income, potentially saving $400–$600 in federal taxes just that year.

Multiply that over a few years—and you're looking at thousands saved.

📋 Who Qualifies?

You might be eligible if:

  • You buy a brand-new vehicle on or after January 1, 2025.

  • It’s final-assembled in the USA (many motorcycles, ATVs, and UTVs are).

  • You use it personally (not for a business or rental).

  • You secure your loan with a lien on the vehicle.

  • Your income is:

    • Under $100K if filing single

    • Under $200K if married filing jointly
      (The deduction phases out for higher incomes.)

We’ll help you confirm if your dream ride qualifies.

⏳ Why Act Now?

The deduction is currently set to last from 2025 through 2028. But if you're eyeing electric powersports vehicles, note that federal EV tax credits are ending after September 30, 2025. That means 2025 could be a rare window where buyers can stack both benefits:

  • A $7,500 EV credit

  • And a deduction for the loan interest

These incentives, combined with our manufacturer discounts, dealer financing, and trade-in programs, can make 2025 your most affordable riding season yet.

🏁 Bottom Line: Ride More, Pay Less

Whether it’s tearing up the trails, hitting the highway, or carving the waves, there’s never been a better time to get into a new ride from Broward Motorsports Hollywood. The Big Beautiful Bill helps make powersports more affordable—especially when financed.

Come in, talk to our finance team, and let us show you how much you could save. Ride now, deduct later.

📍 Visit us at Broward Motorsports Hollywood
📞 Call us at 954-516-1151
🌐 Browse inventory: https://www.browardmotorsportshollywood.com/default.asp?page=inventory&condition=new

Let’s get you on the road (or water) in 2025—with more power and less tax burden.