If you have been trying to bring home your next car, truck, or SUV, tax time can help you make that happen. Whether you want to buy or lease, your tax return may be enough to bring home the vehicle you have been waiting for.

Ways to Use Your Income Tax Return Toward a New Vehicle

You can use your tax refund in a few ways in order to achieve your goal of getting a new car. Here are a few suggestions from our team:

Use Your Tax Refund Toward A Down Payment

Many people get enough money back during tax time to put a sizable down payment down. Not only does this give you one less thing to worry about, but it can also reduce the amount of your monthly payment.

Consider Buying a Pre-Owned Vehicle Instead

Another way you can use your tax money is to shop the used car market. It may open up your options further, and it can help ensure that your monthly payment stays within your budget. Rest assured that all of the used vehicles on our lot have been inspected for quality.

Service Your Current Vehicle

If you love your current vehicle but have some concerns about the way it is running, consider using your tax return on maintenance and repairs. Doing so will extend the life expectancy of your car.

Pay Off Your Existing Loan

You can take some pressure off your monthly budget by paying off your current vehicle loan. Even if you cannot pay it in full, making a large principal payment can help greatly reduce the amount of interest you will have paid overall.

A member of our team would be happy to discuss all the ways you can use your tax return to meet your automotive goals.