A new way to help Americans prepare for the costs of mobility
Across the United States, millions of people rely on their cars to work, care for family, and live their daily lives. Yet when an unexpected repair or insurance deductible strikes, too many households are left choosing between unsafe delays and high-interest credit. Transportation is a basic necessity—yet it’s one of the few essential expenses without a structured, tax-advantaged way to save.

A proven model, adapted for the road
Health Savings Accounts (HSAs) have shown how tax-advantaged programs can empower families to plan ahead for healthcare costs. The Auto Savings Account (ASA) follows that same principle: allowing Americans to set aside funds—potentially pre-tax in the future—for qualified vehicle expenses such as repairs, maintenance, and insurance deductibles.

Recognizing ASAs under federal tax law would reward financial responsibility, reduce reliance on debt, and strengthen the economic stability of millions of drivers who depend on safe, reliable transportation.

Why now
Car ownership costs are at record highs. Repair bills, insurance premiums, and deductible amounts continue to climb faster than wages. As policymakers look for ways to support working families and promote financial inclusion, the ASA framework offers a practical, ready-made solution.

Developed by Revv Auto, the ASA model mirrors the structure and compliance standards of existing custodial savings programs—ensuring transparency, accountability, and ease of adoption for financial institutions.

What you can do
By signing this petition, you’re urging Congress and federal regulators to recognize Auto Savings Accounts as a new category of tax-advantaged savings—a modern financial foundation that helps Americans save for what moves them.

Together we can make responsible car ownership more affordable, more secure, and more sustainable for everyone.
#SaveForWhatMovesYou

revvautos.com

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