MAXIMIZE YOUR INCOME TAX RETURN OR EBCI CHECK AT AUTOSTAR CHEVROLET BUICK OF WAYNESVILLE

It’s tax season; and if you’re expecting any type of income tax refund, the experts at AutoStar Chevrolet Buick of Waynesville can help you get the most bang for your buck… literally!

Instead of spending your income tax refund on a vacation or travel, give yourself the gift of reliable transportation. You’ll reap the rewards for several years to come. Continue reading for a few ways AutoStar Chevrolet Buick of Waynesville can help you get the most out of your income tax return or EBCI check.

MAKE YOUR DREAM CAR AFFORDABLE WITH YOUR INCOME TAX REFUND

The purchase of a vehicle is the second largest purchase most people will make in their lifetimes. Since you’ll be making payments for four, five, or six years, it only makes sense to get the exact vehicle you want with the features and options you need.

Whether you’re considering a new Chevrolet or a high-quality used vehicle, your income tax refund can be used to ensure your monthly payments are within your budget.

MINIMUM RECOMMENDED DOWN PAYMENT

The majority of car buying gurus suggest you put down a minimum of 20% of the sales price of the vehicle as a down payment. Your tax return can easily serve as that down payment!

The more money you invest in your vehicle down payment, the nicer vehicle you can afford. And your income tax refund could be the difference between you getting what you want versus getting whatever you can afford.

USE YOUR INCOME TAX REFUND TO LOWER YOUR APR

Whether you see it as lowering your interest rate, lowering your monthly payment, or shortening the term of your loan, using your income tax refund as a down payment means you’re likely to pay less over the life of the loan. Why?

Because the more money you put down, the lower the amount you’ll need to finance. And if you’re only looking to finance $15,000 on a vehicle that’s worth $25,000 because you used your income tax refund as a down payment, it can drive the lender to offer you a lower interest rate.

YOUR INCOME TAX REFUND MEANS YOU HAVE MORE OPTIONS

In addition to potentially lowering your interest rate, using your income tax refund as a down payment can open the door to a garage of favorable options for you. On one hand, you can choose to keep your monthly payments the same (as if you didn’t put down a down payment) and simply reduce the number of years you’ll pay for the vehicle.

On the other hand, you can use your down payment to significantly reduce the amount of your monthly payment.

Simply put, when you use your income tax refund as a down payment, you are in more control and have infinitely more favorable options.

BAD CREDIT? INCOME TAX REFUNDS CAN HELP

If you have bad credit or less than perfect credit, your down payment could be the difference between being approved and being denied.

First things first, your down payment lets the lenders know you have “skin in the game.” This means even if you default on your auto loan, the lender has already collected a large amount of cash up front, so it’s not a total loss.

Money down also shows the lender you’re serious about purchasing the vehicle.

AutoStar Chevrolet Buick of Waynesville has helped customers with exceptionally bad credit find a vehicle they love at monthly payments they can afford because they used their income tax refund or EBCI check as a down payment.

Looking to learn more about our finance options? Give us a call at 888-341-3972 to learn more about our bad credit options or simply complete our pre-qualification form.
Get into a new vehicle at AutoStar Chevy Buick Waynesville NC

VISIT AUTOSTAR CHEVROLET BUICK OF WAYNESVILLE FOR CHEVROLET DEALS TODAY

Whether you’re in Waynesville or anywhere in Haywood County, AutoStar Chevrolet Buick of Waynesville wants to help you find a vehicle you love at monthly payments you can afford. Contact our team today by calling 888-341-3972 or filling out the contact form on our website.

Posted in Tax Season