With a large tax refund, it can be tempting to make a big splurge. We don’t blame you, because it is, in fact, a great time to buy a new Chevy car. Joe Lunghamer Chevrolet explains what makes tax season such a good time to shop.
You Can Use Your Refund as a Down Payment
It can be frustrating to pull money from your hard-earned savings for a down payment and, sometimes, difficult to even come up with one. Your tax refund can provide the extra funds you need. With a large down payment, you won’t need to finance as much, helping you to save on interest and on your vehicle’s total cost.
There are Lots of Incentives
Manufacturers recognize that consumers have extra cash flow during tax season, and they want to see that directed towards their vehicles. You’ll often see very competitive incentives during tax season. In some cases, you can even get cash bonuses on your purchase or finance a vehicle with an APR that’s far below market rates.
You Could Get a Better Trade-in Offer
Tax refunds can often cover a large portion of a pre-owned vehicle. So, many car buyers go out shopping for a pre-owned vehicle during the tax season. To keep up with the high demands, many dealers are offering top dollar for pre-owned vehicles, which can include yours. This can translate to even more savings on your new purchase.
Shop Our New Chevy Models in Waterford, MI
In short, tax season can definitely be one of the best times to buy a new vehicle. We have a vast inventory of Chevy cars, trucks, and SUVs for you to choose from. Stop by Joe Lunghamer Chevrolet to explore our inventory today!