If buying or leasing a new vehicle has been on your radar, tax season is the perfect time to make the move. Many people in the U.S. secure enough cash from their tax return to afford the vehicle they've been considering. Let's look at some of the ways that you can use your return money for this necessity.

Different Ways to Utilize Your Income Tax Return for a New Vehicle

Not sure what the most affordable vehicle option is using your tax return? Here are some of our recommendations.

Using Tax Refund Money for a Down Payment

Purchasing a new car, truck or SUV can be done with your tax return money going towards the down payment. The more money that you have for your down payment, the lower your monthly payment will be.

Purchasing a Previously Owned Vehicle Using Your Tax Return

New vehicles that come right from the manufacturer are superior, but there are a lot of benefits that are provided with the purchase of a previously owned vehicle. For starters, this is a more affordable option. Previously owned vehicles also go through a safety and performance check that provides you with reliability and dependability.

Service to Your Existing Vehicle

If you've decided that you want to hang on to your current vehicle, there may be some repair work and maintenance that is needed. Your tax return money can go towards service at our dealership to bring your vehicle back up to speed.

Paying Off Your Current Vehicle Loan

If you still owe money on your automobile, you can use your tax refund money to put a few extra payments down on the remaining balance, or you can pay it in full. You'll end up saving money in the long run with less interest to account for.

If you would like to find out more about different ways you can use your tax return towards a new or used vehicle at Seminole Chevrolet, give us a call or contact us through our website. You can also come down to our dealership to speak with someone.