If you expect a large tax refund this year, why not upgrade your vehicle? Many people do not include their tax refund in their monthly budget, so this unexpected chunk of money could go a long way towards upgrading to that car you like. If you are in the Roanoke area, consider checking us out at Mabry Automotive Group for the best pre-owned Nissan and Chevy vehicles in the Lynchburg area! Please stop by anytime for a test drive or continue reading below for a few tips we have for maximizing the effect of your tax return towards your next vehicle.

Consider Using Your Tax Refund for a Larger Down Payment

We all know that using a larger down payment is a great way to lower your monthly payment. But, it can also be challenging to put down a significant amount in some situations. A large tax refund is a great way to achieve this and bring the monthly payment on your vehicle to a much more reasonable amount.

A sizeable down payment will not only lead to a smaller monthly payment, it will also save you money in the long term as you will pay less in interest throughout the duration of the loan. If you want to see how your down payment affects your monthly payment, feel free to reach out to our financing team.

Why Use Your Tax Refund on a Used Car

A large tax refund is a great way to get a used car near Lexington, VA, for a good price. So instead of using your tax refund to buy a new vehicle that is more expensive than you were originally planning to or could afford, consider shopping our pre-owned stock for sale near Charlottesville.

When you buy used, you can strengthen your buying options and flexibility. Use your refund to make that quality used Nissan or used Chevy fit nicely into your budget!

We love serving our drivers in our community, whether they're from Forest or Altavista. Make Mabry Automotive Group your first stop when searching for a great vehicle!

Categories: Pre-Owned Inventory