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31445 I-10 West, Boerne, TX, 78006

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Phone Numbers:Online Showroom Hours:
  • Mon - Sun12:00 AM - 12:00 AM
    (Always Open for Online Shopping)
Sales Hours:
  • Mon - Fri8:30 AM - 7:00 PM
  • Sat8:30 AM - 6:00 PM
  • SunClosed
Service Hours:
  • Mon - Sat7:00 AM - 6:00 PM
  • SunClosed
Parts Hours:
  • Mon - Sat7:00 AM - 6:00 PM
  • SunClosed
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How to Use Your Tax Refund for Purchasing a Car

Are you hoping to use a tax refund to buy a new car? Whether you are looking to purchase or lease a brand-new vehicle, tax season is always a great time for purchasing a new ride. Lots of dealers have fantastic income tax season offers. Typically, American taxpayers can receive up to $3,000 in tax returns each year. This means smart car buyers can leverage this cash as a substantial down payment towards a new car which typically provides customers with low interest rates and even reduce monthly installments when financing.

how to use your tax return to buy a car

How to Purchase a Vehicle with Your Tax Refund

If you wish to invest your income tax refund on a new automobile purchase or lease, we have some good news for you. The average tax refund is typically enough to cover a big part of the down payment. If you’re not wanting to get a new vehicle, you can also use your tax refund to pay off a part or the entirety of your existing auto loan.

If you have questions about using your income tax return to buy a new car we have some suggestions and ideas from our automotive financing experts.


  • Using an Income Tax Return Towards Down Payment:

  • Our automotive financing specialists suggest paying a significant down payment to help you get a car loan for your next vehicle. Even if you are opting to lease your next car, having a significant deposit can help reduce your month-to-month payments. By using your income tax refund as a down payment, purchasers might get approved for better car financing choices.

  • Tax Returns For Pre-Owned Vehicle Purchasing:

  • While brand-new cars have their own set of benefits, a pre-owned car is a cost-efficient choice for budget car buyers. With a bit of research, it is easy to discover a great deal on a pre-owned automobile. And savvy customers can utilize their income tax refund as the down payment towards the purchase of that car, truck, or SUV.

  • Using Your Cash Towards a New Car Lease:

  • Starting a vehicle lease with a bigger down payment can considerably lower how much the month-to-month payment will be. It is very advantageous also when customers wish to extend the lease since most car dealerships will typically permit the customer to extend their present lease with a reduced monthly payment on a month-to-month basis.

  • Paying Off a Current Auto Loan:

  • Using your tax refund to settle an existing automobile loan is an outstanding idea. Customers can make use of that extra money to considerably decrease the balance on their existing automobile financing. And they can do this either by making a couple of extra payments or by paying off the balance in full. Paying off or considerably lowering the remaining balance will lower the amount of interest that would have been paid over time.


How to Use Your Tax Refund for Purchasing a Car | Mercedes-Benz of Boerne

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(830) 981-6000

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31445 I-10 West • Boerne, TX 78006

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Today's Hours:

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Mercedes-Benz of Boerne

31445 I-10 West Boerne, TX

Phone: (830) 981-6000

http://maps.google.com/?q=%2031445%20IH%2010%20West%20Boerne%2C%20West%20Boerne%2C%20TX%2078006

Parts

Phone: (830) 341-1327

31445 I-10 West Boerne, TX

Sales

Phone: (844) 650-8056

31445 I-10 West Boerne, TX

Mobile Sales

Phone: (844) 651-7038

31445 I-10 West Boerne, TX

Service

Phone: (830) 341-1186

31445 I-10 West Boerne, TX
29.7915419 -98.7496179
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Mercedes-Benz of Boerne
Mercedes-Benz of Boerne
31445 I-10 West
Boerne, TX, 78006 United States
(830) 981-6000
https://di-uploads-pod8.dealerinspire.com/mercedesbenzofboerne/uploads/2016/08/boerne.jpg
Mercedes-Benz of Boerne 29.7915419, -98.7496179.