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Best Ways to Use Your Tax Refund if You Need to Buy a Used Car

Four Ways to use your tax refund to buy a used car 

It’s that time of year again when the IRS starts taking your tax returns. While many people dread this time of year, it can present an incredible opportunity to drivers who need a quality used car. Once you receive your tax return, consider using it towards the purchase of a used car. Using your tax return to buy a used car is one of the best ways to invest the money you get back. Below, you’ll see the four best ways you can use your tax return to buy that particular vehicle. After you decide that you want to buy a used car with your tax return, stop by a U.S. Auto Sales dealership and we’ll help you get behind the wheel of the vehicle you’ve always wanted. 

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How to Buy a Used Car with Your Tax Refund? 

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  1. Use your tax refund as a down payment for a used car. Consider using your tax refund as a down payment towards the purchase of a used car. By using your tax refund as a down payment, you’ll lower your monthly payments. 
  1. Buy a used car with your tax refund. Depending on the amount of your tax refund and your specific needs for a used car, you can use your entire tax refund to purchase a used vehicle that is the right fit for your driving needs and budget. 
  1. Trade in your current used car and use your tax refund. If you currently own a vehicle and want to drive a newer used model with fewer miles and more features, combining your tax refund and trading in your car is a great way to upgrade your vehicle. 
  1. Use your tax refund to pay off your current used car loan. Using your tax refund to help pay off your current used car loan can be very advantageous. It will lower your monthly payments and help you pay off your used car loan more quickly. 

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