Purchasing Hall used cars is a great way to save money, since used vehicles can have lower down payments and smaller monthly costs. This time of year, you can save even more by putting your tax refund toward your next car. Hall | MileOne Autogroup shares three tips for putting your refund to great use.
You’ll Save On the Down Payment
The more money you can put down on the day of purchase, the more you’ll save on accrued interest costs over time. With a larger down payment, you’ll also have more vehicles available, making it easier to take home the car you love. Put your tax refund toward your vehicle down payment today, and see savings returns well into the future.
You’ll Save on In-Between Costs
The in-between costs of vehicle purchases can add up. These include sales tax, destination fees, registration, and insurance costs. If you can put your tax refund toward those costs, you’ll have more money for the down payment.
You Can Raise Your Credit Score
Your credit score is one of the most important factors to consider when it comes to vehicle financing. Another way to use your refund is before you visit us, because one of the best ways to raise your credit score is by paying down debts, and your tax refund can go a long way to boost your score. The higher your credit score, the more favorable the terms available to you, which means savings over time.
Finance Used Vehicles at Hall | MileOne Autogroup
There are many benefits to purchasing a pre-owned vehicle, including the savings and a lower rate of depreciation. Hall | MileOne Autogroup makes it easy. Save on your next used car when you use your tax refund at our dealership.