If you’re in the market for a vehicle, our experts recommend putting all or some of your tax refund towards Acura financing. Refunds can help you pay your monthly vehicle costs in numerous ways, and the Jenkins Acura team can help you figure it out. Here’s how you can use your refund for an Acura finance plan.
Increasing Your Down Payment
Your down payment will reduce the amount you’ll pay on the vehicle over time since it goes directly to the loan principal. Thus, if you want to improve your vehicle budget, you should use your tax refund to increase your down payment. A higher down payment is a great option for drivers who are in the market for a vehicle this year.
Paying Vehicle Fees and Costs
In addition to your monthly payments, you’ll also be responsible for fees and taxes on your loan. This is the perfect job for your tax refund, as this can reduce your overall financial burden. You may also use this for operation costs like fuel and parking, letting you focus on paying off your loan quickly and efficiently.
Hitting Monthly Payments
A classic way to use your tax return is to put it towards your monthly payments. Drivers who receive a substantially large tax refund should consider putting it towards their next monthly vehicle bill. You can also stretch some or all of your tax rebate across multiple months to save each month.
Apply for Acura Financing in Ocala, FL
Our team can assist you if you’re still unsure how to apply your tax refund toward an Acura financing plan. Contact Jenkins Acura to explore financing options and apply for a finance offer today!