In the situation where you've been seriously considering leasing or purchasing a new vehicle, tax time is one of the perfect times to do it. This is because it's common for Americans to get enough money back in taxes to buy a vehicle that they've had their eye on.

Different Ways Your Tax Return Can Get You a New Vehicle

There's actually more than one way you can get help from a tax return to get you closer to a new vehicle. Here are a few methods that might help based on your situation.

Down Payment

Maybe your situation is that you think you can handle the payments for the next few years, but you just don't have enough to cover the down payment. If this is the case, then you can use your tax return to fund the payment for your SUV, car, or another vehicle. Plus, this could even be an opportunity to make your down payment bigger, to get those monthly payments down.

Go with a Pre-owned Option

Instead of buying something new, you can use your tax return to help you buy a pre-owned vehicle, which might be a bit more in reach. It's also particularly safe at our dealer because we do safety and performance checks.

Repair a Vehicle You have

If you would rather just get your old vehicle to work better or get some repairs it desperately needs, you can instead use your tax return for this. It will even likely help it last longer than it would otherwise.

Finish off a Loan You have

If you are close to paying off a loan on a previous vehicle, it can be an effective approach to instead pay off the rest of the balance you owe on a car or other vehicle. This can sometimes help you reduce your interest if you're allowed to pay it off quicker.

Regardless of what you most need in terms of a vehicle, your tax return can help you accomplish this. If you want more information about accessing a new vehicle, please don't hesitate to contact us at our dealership today.