There no general tax breaks for buying, owning or financing a personal vehicle. When Congress favors a particular vehicle (such as, plug-in hybrids and all electric) they may create a specific tax credit. If you bought a qualifying vehicle, you can run that part of the interview and see if you qualify for a credit.
Some expenses for vehicles used in business can be deducted, and that can include financing charges and wear and tear, but you must be self-employed. The deduction for using your personal vehicle for work if you are a W-2 employee was eliminated in the tax reform act.
If you choose to take an itemized deduction for sales tax instead of state income tax, you can include the vehicle sales tax in the itemized deductions. But fewer than 30% of taxpayers itemize their deductions, most will use the standard deduction because it is larger for most people.
