Use a Tax Refund as a Down Payment on a Pre-Owned Car at All Star Volvo

Baton Rouge buyers interested in purchasing a pre-owned car, SUV, or truck often wish to save money, especially on their vehicle expenses. Maximizing a down payment could help you save dollars on your next car purchase. Anyone slated to receive a tax refund this year might have extra cash available to boost their down payment amount.

Benefits of Maximizing a Down Payment

The larger your down payment, the less you'll have to finance on your next purchase. Financing has numerous benefits, and many Denham Springs car shoppers need access to loans to purchase a new or used vehicle. However, loans come with interest and terms. Borrowing less money and paying smaller monthly payments could help your bottom line. When you choose to add a tax refund on top of a down payment amount, it would further lower the needed financing amount.

Not everyone has a lot of money to make a large down payment. If you have limited cash options available to make a down payment, consider utilizing your tax refund to cover the upfront payment. There's another way to decrease the financing amount: make a trade-in.

Value Your Trade

In addition to maximizing the down payments on a pre-owned model, you could trade in your current model. A trade-in involves putting the money from a car sale towards the purchase of your next vehicle. Our online appraisal tool makes trading in your current model at our dealership easy and convenient.

The money from a tax refund and a trade-in alone could be sufficient to start the process of financing a used car purchase. Our dealership's inventory of used models provides many choices to those interested in buying. Please explore our selections online from your Gonzales couch to see what might appeal to you best.

Schedule Your Test Drive Online

We invite you to contact us online or over the phone to schedule your test drive or financing appointment. Our team is happy to assist you and would love to answer your questions. All Star Volvo proudly serves Prairieville and the surrounding areas.