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13250 North Broadway Extension, Oklahoma City, OK, 73114

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Phone Numbers:Online Showroom Hours:
  • Mon - Sun12:00 AM - 12:00 AM
    (Always Open for Online Shopping)
Sales Hours:
  • Mon - Sat8:30 AM - 9:00 PM
  • SunClosed
Service Hours:
  • Mon - Sat7:00 AM - 7:00 PM
  • SunClosed
Parts Hours:
  • Mon - Sat7:00 AM - 7:00 PM
  • SunClosed
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Purchasing a Vehicle with Your Income Tax Refund

Are you hoping to use your income tax return to buy a new car? Whether you are looking to buy or lease a brand-new car, truck, or SUV, tax season is always a perfect time for buying a new car. Lots of dealerships have great income tax season specials. Generally, American taxpayers can get around $3,000 in tax returns each year. This can mean smart car buyers can use this cash money as a good payment towards their next car which usually gives customers with low interest rates and even reduce monthly installments when financing.

how to use your tax return to buy a car

How to Use Your Tax Return to Buy a Vehicle

If you want to spend your refund on a new automobile purchase or lease, we have some excellent news for you. The typical return is usually enough to cover a substantial part of the down payment. If you’re not wanting to get a brand-new car, you could also use your tax return to pay off a part or all of your existing auto loan.

If you have questions about how to use your income tax refund to get a new car, truck, or SUV we have some suggestions and ideas from our automotive financing professionals.


  • Using a Tax Return Towards Down Payment:

  • Our financing professionals recommend paying a substantial deposit to help you get automotive financing for your next car purchase. Even if you are choosing to lease your next vehicle, having a significant deposit can help decrease your month-to-month payments. By using your income tax return as a down payment, purchasers may receive better auto funding choices.

  • Income Tax Return For Pre-Owned Car Buying:

  • While new cars have their own set of benefits, a used vehicle is a cost-efficient option for many budget car purchasers. With a bit of research, it is easy to discover a great deal on a used automobile. And smart car buyers can use their tax return as the down payment towards the purchase of that car, truck, or SUV.

  • Use Your Cash On a New Car Lease:

  • Beginning a car lease with a bigger down payment could substantially minimize how much the monthly payment will be. It is extremely advantageous also when customers want to extend the lease since most car dealerships will usually permit the customer to extend their existing lease with a lower monthly payment on a month-to-month basis.

  • Paying Off a Current Auto Loan:

  • Using your refund to repay an existing auto loan is always an excellent idea. Customers can use that extra money to substantially decrease the existing balance on their current car loan. And they can do this either by making a couple of extra payments or by paying off the balance in full. Paying off or considerably decreasing the remaining balance will reduce the amount of interest that would have been paid with time.


Purchasing a Vehicle with Your Income Tax Refund | Bob Howard Chrysler Jeep Dodge Ram

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405-749-1111

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13250 North Broadway Extension • Oklahoma City, OK 73114

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Today's Hours:

Open Today! Sales: 8:30am-9pm

Open Today! Service: 7am-7pm

Open Today! Parts: 7am-7pm

Bob Howard Chrysler Jeep Dodge RAM

13250 North Broadway Extension Oklahoma City, OK

Phone: 405-749-1111

http://maps.google.com/?q=13250%20North%20Broadway%20Extension%2C%20Oklahoma%20City%2C%20OK%2073114

Parts

Phone: 405-302-5851

13250 North Broadway Extension Oklahoma City, OK

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Phone: 405-529-6917

13250 North Broadway Extension Oklahoma City, OK

Sales

Phone: 405-749-1111

13250 North Broadway Extension Oklahoma City, OK

Mobile Sales

Phone: 405-529-6820

13250 North Broadway Extension Oklahoma City, OK

Service

Phone: 405-302-5888

13250 North Broadway Extension Oklahoma City, OK

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Phone: 405-463-2266

13250 North Broadway Extension Oklahoma City, OK
35.5945226 -97.5061098
Bob Howard Chrysler Jeep Dodge RAM 35.5945226, -97.5061098.