Have you had your eye on a new car, truck, or SUV at Puente Hills Nissan? Take advantage of your tax refund to purchase a new or new-to-you vehicle when it’s time to add a four-wheeled family member to your Hacienda Heights garage. Why should you use a tax refund for a car purchase? The time of year after filing your income tax return is the perfect time to purchase a new, used, or certified pre-owned vehicle.

Discover how to buy a car with your tax refund thanks to our guide from the finance team at Puente Hills Nissan. Upgrading your guide is just a few steps away! We’ll show you how to use a tax refund for a down payment for your next vehicle as well as how to get a car with your tax refund. We think you’ll find one vehicle on our lot that speaks to your Rowland Heights lifestyle.

Before your income tax refund burns a hole in your pocket when buying a car, calculate what you can afford after filing your tax return. Our payment calculator can help you narrow down what kind of vehicle can fit into your Rowland Heights garage and your budget. Remember, your tax refund may not pay for an entire vehicle from our lot. However, you could handle a sizable down payment!

It’s okay if only part of your tax refund can go toward your car purchase based on your current financial situation. You could still get a very good car with your tax refund with just a portion of your income tax refund!

The average tax refund from filing a federal tax return is typically around $2,000. There are some financial advantages when using your tax refund to pay for a vehicle. A tax refund can go toward a down payment on a car to lower the loan amount you’ll need for the full purchase price. A lower loan amount gives you better interest rates and lower monthly payments. After you pay off the loan on time, you could improve your credit history and your credit score for when you need to get financing later.

A tax refund as a down payment saves you a significant amount of money on an auto loan for your car, truck, or SUV. If you don’t want to purchase a new vehicle, use your tax refund for a down payment on a new car lease. Our finance center will help you find the right situation.

Consider paying off your current auto loan using your income tax refund. Paying off your loan earlier can put you in a better financial situation later when you apply for financing with our team. You might be able to afford a better car after paying off your current one.

Ready to get behind the wheel of something on our lot near La Puente? Contact us or call 626-600-4235 to schedule a test drive at your convenience. We’re happy to help in any way we can!