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Missouri’s 2026 No Tax on Interest: Is your F-150 Eligible?

Jan 27, 2026

As we move deeper into 2026, Missouri continues to refine its tax landscape in ways that could impact major purchases—especially big-ticket items like a Ford F-150 from a trusted Ford dealer in Union, MO. Whether you’re thinking about upgrading your truck or financing through a local dealership, understanding how Missouri’s tax changes apply can help you save money and shop smarter.

What’s Changing in Missouri Taxes for 2026?

While Missouri hasn’t officially eliminated all taxes on interest for vehicle purchases, state tax policy updates for 2026 show adjustments to how interest and related tax rules are applied:

  • According to the Missouri Department of Revenue’s proposed rules for 2026, the interest rate charged for delinquent tax owed is set to decrease (for example, it dropped from 8% to 7% for late tax payments). However, this is not the same as a tax break on interest for a vehicle loan itself.

Key takeaway: Missouri hasn’t enacted a blanket “no tax on interest” for auto loans. But certain tax updates and relief programs could still influence overall cost of ownership—especially when combined with things like capital gains tax cuts and other incentives.

Is Your Ford F-150 Eligible for Tax Benefits in 2026?

When you buy or finance a new or used Ford F-150 in Missouri, here’s how taxes generally work:

  • Sales tax: You’ll still owe state and local sales tax on the purchase price of the truck unless a specific exemption applies.
  • Interest on loans: Even with broader tax reform discussions in Missouri, interest paid on a car loan is not automatically tax-free in 2026 under current state rules.
  • Popular reform efforts: Some statewide proposals have focused on eliminating capital gains taxes and reducing income tax rates, which could indirectly help your budget—but do not directly exempt auto loan interest from taxation.

So if you’re financing a 2026 F-150—whether it’s an XLT, Lariat, or Lightning—your loan’s interest will be a normal part of the financing picture rather than something Missouri is specifically eliminating tax on.

Why Choosing the Right Ford Dealer in Missouri Matters

Working with a reputable Ford dealer in Missouri can make a big difference in your buying and financing experience—especially with complex tax and financing rules now in flux.

Here are some local dealers to consider:

Featured Dealer in Union, MO

  • Schicker Ford of Union – A full-service Ford dealership serving Union and surrounding areas with new and used inventory, financing guidance, and service options.

Financing Tips for Your F-150

Even if Missouri doesn’t eliminate tax on interest, you can still maximize savings:

  • Compare lenders: Different banks and credit unions offer varying interest rates, which can reduce total cost.
  • Understand total cost: Focus not just on monthly payments, but on total financed amount including interest and fees.
  • Dealer incentives: Some dealerships provide special financing deals or rebates that can effectively lower your interest burden.

Working with experienced sales and finance professionals—like those at Schicker Ford of Union—can help you navigate these options.

Missouri’s tax environment remains dynamic in 2026, with important changes like reduced delinquent interest rates and broader tax reform conversations underway. But there isn’t a specific exemption that makes auto loan interest tax-free for your Ford F-150. Instead, focus on smart financing and finding the right Ford dealer in Missouri to get the best overall deal.

Whether you call Union home or are willing to shop across the state, understanding both tax policy and dealership options will help you drive away in the F-150 you want—without surprises.

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