Does it Make Sense to Buy a Vehicle at Tax Time?





Does it Make Sense to Buy a Vehicle at Tax Time?

Thirty-four percent of vehicle owners expecting tax refunds say they’ll spend part of it on vehicles. Will you?

The survey, conducted last year by Harris Interactive for eBay Motors, polled 2,200 Americans. Forty-nine
percent said they’d spend their refund on vehicle maintenance, and 21 percent said they’d spend it on buying a new or pre-owned vehicle.
Why is buying at tax time so attractive? For starters, the average tax refund is $3, 000 and makes a great down payment or pre-owned vehicle purchase. Plus dealerships, like Borcherding Buick GMC, often offer special tax-season sales.

Spending your refund on a great vehicle may be a better investment than that summer vacation in the long run. After all, it can take you on many vacations for years to come. What do you plan to do?





By,
Kim Borcherding