Smell the paperwork in the air? … It’s tax season.
And you know the best part of tax season?
That’s right, the tax REFUNDS.
According to the IRS, the national average tax refund was $3,039, which can help you get over that hurdle of making a vehicle purchase.
We know it’s easy to put buying a vehicle on the back burner, especially when other things pop up, making it feel more like a splurge. However, once we balance the numbers, putting your tax refund toward a vehicle could ultimately save you a lot.
Given that the average age of a car on the road today is 12 years, mechanical issues, cosmetic repairs, and engine problems are commonplace, not to mention time-consuming and expensive. Newer vehicles often cost less to maintain because parts are still in production, and they are often more affordable to maintain overall. Plus, they benefit from upgraded technology and safety equipment. You can also find places (hint hint…) with guarantees and warranties on vehicles that can save you from having to reach into your wallet.
So, if you’re using your tax refund on a vehicle, what’s the best way to do it?
CarShop! So, browse the website. Get familiar with it. Learn about our hassle-free, haggle-free service, and our CarShop Certified vehicles. You can even browse our entire selection.
Once you find a vehicle you’re interested in, you can use our handy dandy finance calculator to figure out your possible down payment and monthly payment options. We’ll assist you every step of the way, and we work with over 20 national and local lenders so we can find the right plan for you.
Whether you decide to use your tax refund on a down payment or on your initial monthly payment is totally up to you. Either way, your refund will help you from dipping too deep into your savings for your purchase, which means you win! Schedule a test drive today!
