Man holding cash in front of a red car

Skip the shopping spree and bring your tax refund to Fields Mazda of Asheville. Those dollars can make a huge difference toward a new or pre-owned vehicle purchase. We’re sharing the three top ways that you can use your tax refund at our dealership.

Down Payment on a New Car

It’s generally recommended to make a down payment of at least 20 percent on new Mazda models. That can certainly feel like a stretch to many car buyers. However, by using your tax refund, you can limit how much you need to pull from savings and still have a sizeable down payment. A large down payment reduces how much you need to borrow and how much interest you’ll owe on your auto loan.

Apply it to a Pre-Owned Car

There are pre-owned models for virtually every budget on our lot. With an affordable pre-owned car, your tax refund can cover a substantial portion of your purchase. This helps you develop instant equity in your vehicle and can limit your loan amount or even keep you from needing one entirely.

Use it to Cover Taxes and Fees

You can also use your tax refund to cover your vehicle’s upfront taxes and fees. While these costs can be applied to your auto loan, paying them up front keeps you from unnecessarily paying extra interest. Plus, you can apply it towards your vehicle’s additional costs, such as registration, insurance, maintenance, and fuel.

Shop Our New MAZDA Models in Asheville, NC

You can use your tax refund in so many ways at our Mazda dealership. It doesn’t just keep you from paying so much upfront — it can even help you save overall. Visit Fields Mazda of Asheville to shop today!

Categories: Finance

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