Your tax return could equal a new car

If you are looking for a new car in Florida, the answer to getting the car you want at a price you can afford may be coming this tax season. If you expect a refund, you may be already starting to plan how to spend it. If you are in the Ocala, The Villages, Leesburg or Gainesville Florida areas, Jenkins Mazda can help you turn your refund into the car of your dreams.

So how do you turn your refund into a new sedan, sporty coupe or SUV? There are a few ways you might consider. With an average refund of around $3,000, making a big down payment can lower your car payment considerably. Lenders love to have a down payment, and that can help you secure a loan and get a better interest rate.

Using your refund as a down payment will also open the door to a car you have been dreaming of. Sometimes that new car you want may seem just out of reach. Putting more money down will go a long way toward making it more affordable.

Maybe you would like to get a new car, but you can't trade in your old one because you owe too much. In that case, taking your refund and paying down your existing loan could get your balance to the point that you are not upside down. You can trade in your vehicle and drive away with the one you have been dreaming about.

If you're looking for a new car, come see our staff at Jenkins Mazda. We can help you find the right vehicle for you, and our Finance Center will work with you to find the best way to use your refund.

Categories: Finance, News

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