Are you hoping to use your income tax refund to get a new vehicle? Whether you are looking to buy or lease a new car or shopping for a used car, tax season is always a good time to upgrade. Smart car buyers can use their tax return as a substantial down payment towards their next SUV, car or truck. This combined with our monthly specials and low interest rates can help you get the vehicle you want at a price you'll love.
Before you start planning summer road trips, you'll want to make sure you can afford the monthly payments. You don't want to take on a large debt if you already have debt that you can't afford. Our payment calculator will help you get a complete financial picture to ensure you make the purchase decision that's the best for you and your family.
HOW TO USE YOUR INCOME TAX REFUND TO PURCHASE A CAR
If you want to invest your income tax return on a new vehicle, the average tax return is usually enough to cover a big part of the down payment. If you’re not looking to get a brand-new car, truck, or SUV, you could also utilize your return to pay off a part or all of your existing auto loan.
If you have questions about using your income tax refund to purchase a new car we have some tips:
Use Your Tax Refund For a Down Payment
Most financial experts recommend paying a significant deposit to help you get the best financing for your next auto purchase. Even if you are choosing to lease your new vehicle, having a substantial down payment can help reduce your month-to-month payments. By using your tax return as a down payment, buyers might receive better car funding choices.
Income Tax Returns For a Used Car, SUV or Truck
Shopping for a used car instead? With a bit of research, it's easy to find a great deal on a used vehicle at Carousel Nissan. Smart buyers use their tax return as the deposit towards the purchase of that car, truck, or SUV.
Using Your Income Tax Return For a New Car Lease
Starting a car lease with a bigger down payment can significantly decrease how much the month-to-month payment will be. Talk to our leasing specialists for more information.
Pay Down Your Existing Loan
Using your income tax refund to pay off your existing car loan is also a practical idea. Paying a little extra every month or paying off your loan completely will significantly lower the amount of interest that would have been paid over time. That's always a smart choice!
If you're ready to use your tax refund to start shopping, browse our new and used inventory and see all of the vehicles we have available. You can contact us prior to coming to set up an appointment to test drive a few vehicles, or you can stop by the dealership whenever it's convenient for you. You'll find that every person you work with at Carousel Nissan is here to help you find a great vehicle at the best price possible!