When you get your tax refund this year, you might be thinking about a big purchase, like a new SUV. Why buy new when you can buy used? Some people dodge used vehicles, thinking that they are somehow getting less, but really they’re not. Buying a used SUV in Tacoma, WA is not only a good idea, but an excellent financial decision when it comes to your tax refund. Here are two big reasons why.
Save a Lot of Money in the Long Run
A tax refund can be used for your down payment on a used vehicle and then some. A really good tax refund of several thousand dollars might even buy a used SUV in Tacoma, WA outright. The amount of money you would save in interest alone is enormous by comparison, were you to buy a brand new SUV instead.
Finance It for Less
Most consumers don’t realize that financing a new car often results in higher finance rates, higher leasing rates, and higher interest accumulation over time. However, if you finance a used vehicle, the interest rate may be lower (based on your credit), leasing rates are lower because the SUV is used, and less interest accumulates because the payments are one third to one half the payments of a brand new vehicle (on average). Get your used SUV today from Washington Car Credit by stopping by or calling.
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