Man holding cash in front of a red car

Fields Volvo Cars Waukesha is the dealership you can trust for the financing support that makes the difference. Not only do we provide the tools and resources to finance your next vehicle with confidence, but we’re also dedicated to helping drivers save with every purchase — and tax season is the perfect time to get started. Learn how you can use your tax refund to save on your next car at our dealership.

Put More Money Down On a New Car

The more you are able to put down on the day of purchase, the more money you’ll be able to save on your next vehicle over time. To start, a tax refund will help you to buy sooner, as you don’t need to spend as much time saving up your down payment. It will also reduce your monthly costs, as well as accrued interest costs over time, meaning you’ll own your vehicle sooner and save.

Purchase a Pre-Owned Model

Another option to consider is putting your tax refund toward the down payment on a pre-owned model, instead. The primary benefit of this choice is the savings, as pre-owned vehicles are less costly than new models, and your refund will go further. Pre-owned vehicles also have lower rates of depreciation, which means your vehicle will maintain more value for future sale.

Budget for Day-Of Fees

You can maximize your tax refund by putting it toward some of the day-of costs associated with buying a vehicle, including:

  • Destination fee
  • Dealership fee
  • Title and registration fee
  • Sales tax

Begin the Volvo Financing Journey in Waukesha, WI

During the vehicle purchasing process, you should be able to focus on picking out a car you love — not worrying about the financing. Fields Volvo Cars Waukesha takes care of that for you. Begin the Volvo financing journey with our support this tax season.

Categories: Finance