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.The survey, conducted last year by Harris Interactive for eBay Motors, polled 2,200 Americans. Forty-nine
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