Why Use Your Tax Refund for Your Next Vehicle?


With tax seasons upon, you may be expecting a tax refund. Instead of letting that money slowly disappear in your bank account, you can put it towards your next vehicle. Not only is it satisfying to put your tax refund towards a new or used vehicle, but there are benefits to consider as well. At Ben Davis Chevrolet Buick, we serve Auburn, IN, and beyond by offering the inventory that you need for a high-quality vehicle.

Learn more about why using your tax refund on your next car is an excellent choice.

Save with Your Tax Refund

When you use your tax refund on a down payment on a new or used vehicle, you may find that there are unanticipated benefits. Even though down payments are not always required, if you have a down payment that's 20 percent of the vehicle's value, you can save even more money in the long run. Some of the benefits of using your tax refund to make down payment that's close to 20 percent include:

  • Reduce or eliminate the time that you owe more on a loan than the vehicle is worth
  • Lower monthly payments
  • Lower overall interest rates

Explore Our New and Used Vehicles

As you look through our inventory, you will find everything from the latest Chevrolet and Buick models to affordable bargain vehicles. By using your tax refund for a down payment for one of these vehicles, you will have a wider variety of vehicles to choose from and additional benefits. Some of the new Chevy and Buick vehicles that are available include:

  • Silverado 1500
  • Encore
  • Impala
  • Enclave
  • Traverse

Find the Right Vehicle

Explore our new inventory and bargain selection to discover the vehicle that suits your budget best. If you have any questions about using your tax refund, our friendly finance team can help.

We look forward to hearing from you!