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500 Gulf Fwy S, League City, TX, 77573

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Dealership Info

Phone Numbers:Online Showroom Hours:
  • Mon - Sun12:00 AM - 12:00 AM
    (Always Open for Online Shopping)
Sales Hours:
  • Mon - Sat8:30 AM - 7:30 PM
  • SunClosed
Service Hours:
  • Mon - Fri7:00 AM - 6:00 PM
  • Sat7:00 AM - 6:00 PM
  • SunClosed
Parts Hours:
  • Mon - Fri7:00 AM - 6:00 PM
  • Sat7:00 AM - 6:00 PM
  • SunClosed
Sprinter Service Department Hours:
  • Mon - Fri7:00 AM - 6:00 PM
  • Sat - Sun8:00 AM - 3:00 PM

How to Buy a Car with Your Tax Refund

Are you thinking about using an income tax return to get a new vehicle? Whether you are looking to purchase or lease a new car, truck, or SUV, tax season is always a perfect time for buying a new car. Many car dealerships offer great tax season specials. Typically, American taxpayers can receive up to $3,000 in tax returns each year. This means smart car buyers can use this cash money as a substantial deposit towards a new car, truck, or SUV which typically provides customers with low interest rates and even reduce monthly payments when financing.

how to use your tax return to buy a car

How to Use Your Tax Refund to Purchase a Vehicle

If you want to spend your refund on a new car purchase or lease, we have some excellent news for you. The typical tax refund is typically enough to cover a substantial part of the down payment. If you’re not looking to get a new vehicle, you can also utilize your income tax return to pay off a part or the entirety of your existing car loan.

If you have questions about how to use your return to buy a new car we have some suggestions and ideas from our automotive financing specialists.

  • Using a Tax Refund Towards Down Payment:

  • Our automotive financing specialists suggest paying a significant deposit to help you get a car loan for your next car purchase. Even if you are choosing to lease your next car, having a significant down payment can help lower your monthly payments. By utilizing your refund as a down payment, customers may qualify for better auto funding choices.

  • Income Tax Returns For Pre-Owned Vehicle Purchasing:

  • While new vehicles certainly have their own set of advantages, a used car is a cost-efficient option for many budget car buyers. With a little bit of research, it is easy to find a good deal on a pre-owned automobile. And savvy car buyers can use their return as the deposit towards the purchase of that vehicle.

  • Use Your Cash For an Auto Lease:

  • Starting a vehicle lease with a bigger down payment can considerably decrease how much the month-to-month payment will be. It is extremely beneficial even when customers want to prolong the lease since most dealerships will typically allow the customer to extend their present lease with a reduced monthly payment on a month-to-month basis.

  • Pay Down Current Auto Loan:

  • Using your refund to repay an existing car loan is a superb idea. Customers can utilize that extra money to considerably lower the balance on their current car financing. And they can do this either by making a couple of extra payments or by paying off the balance completely. Paying off or considerably decreasing the remaining balance will lower the amount of interest that would have been paid over time.

How to Buy a Car with Your Tax Refund | Mercedes-Benz of Clear Lake

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(281) 554-9100

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500 Gulf Fwy S • League City, TX 77573

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Today's Hours:

Open Today! Sales: 8:30am-7:30pm

Open Today! Service: 7am-6pm

Open Today! Parts: 7am-6pm

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Mercedes-Benz of Clear Lake
Mercedes-Benz of Clear Lake
500 Gulf Fwy S
League City, TX, 77573 United States
(281) 554-9100
Mercedes-Benz of Clear Lake 29.4976798, -95.1096518.