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Consider Using Your 2018 Tax Return for a Car Purchase

Tax season is here and before you know it many of us are going to have to decide what to do with our refunds. This year, we suggest putting it towards one of your largest investments: your vehicle! Spending your tax refund at an automotive dealership can be a smart way to get ahead on the purchase of a new vehicle or maintenance services for the one you’ve already got. Check out our top 4 suggestions for where to utilize that extra money below.

Read More: What are the benefits of leasing a car?

4 Smart Ways to Spend Your Tax Refund at an Automotive Dealership

1 – Down Payment

If you are in the market for a new vehicle, using your tax return on a down payment can make a lot of sense. The more you are able to put down up front, the more you can lower monthly payments and save on the cost of the vehicle long term.

2 – Drive-Off Payment

A drive-off payment is similar to a down payment but for a vehicle lease. Like with down payments, the more money you can put down in the beginning, the lower your monthly payments will be which can make monthly budgets a lot more manageable.

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3 – Maintenance

If you have been putting off any vehicle maintenance or repairs due to cost, now is a perfect time to take the plunge. Take stock of your vehicle’s current shape. Are your tires getting worn? Is there a squeak you have been ignoring? Don’t put it off any longer.

4 – Accessories

Genuine Toyota accessories like rubber floor mats, cargo trays, mudguards, and more, can make a significant difference in the daily wear and tear of your vehicle. Consider adding protective accessories that can help you maintain your vehicle’s value over time.

Visit Fox Toyota in Clinton, Tennessee

The Fox Toyota dealership in Tennessee serves the areas of Clinton, Oak Ridge, Knoxville, and beyond. We offer a wide variety of new and used Toyota models, genuine Toyota parts and accessories, and a full-service maintenance department. Visit the dealership or give us a call today to let us know how we could help you improve your driving experience.