Search SouthWest Chrysler Dodge Jeep Ram's inventory to find the best way to invest your tax refund & get the best bang for your buck on a new Ram, Jeep, Dodge, Chrysler in Cleburne. Scroll down below for other ways to spend your tax refund & get more for less.
6 Ways to Invest Your 2022 Tax Refund in Cleburne, TX:
1. Use your 2022 tax refund for a down payment on a new car, truck or SUV:
This is one of the most popular ways to spend your tax refund. If you're like many Americans with shaky or bad credit, tax season is a great time to lay down a substantial down payment. This will also open up car financing options that would otherwise not be available. A substantial down payment will show the dealership that you're a serious car buyer and can also help you get a loan with lower monthly payments, which makes buying a car even more financially feasible.
2. Get repairs or upgrades on your current Ram, Jeep, Dodge, Chrysler car truck or SUV:
Whether it's a new set of tires to improve fuel economy or a much needed tune-up, a well-maintained car can last well past 100,000 miles. Routine maintenance and the occasional upgrade might not be as thrilling as driving off the lot in a new car, but it's a great way to stretch a dollar and the life of your car, truck or SUV in Cleburne.
If you've got a car/truck that you'd like to customize, why not consider some of the following Ram, Jeep, Dodge, Chrysler accessories?
Custom floor mats
A trailer hitch
Which of these accessories would make your Ram, Jeep, Dodge, Chrysler vehicle stand out in a crowd?
3. Save money; buy a used Ram, Jeep, Dodge, Chrysler car, truck or SUV in Cleburne:
Used cars or trucks are a great option when you're looking to find a deal on a reliable car but don't want to spend too much money. Used cars used to have a bad reputation, but nowadays that's no longer the case, especially at a respectable dealership like SouthWest Chrysler Dodge Jeep Ram. Don't let the miles on the odometer fool you. Those miles prove that with proper care and maintenance a used car can also be a reliable car.
High-mileage cars/trucks probably have mostly highway miles, and those miles put less wear and tear on a car. It's unlikely that a used car will still be under warranty, so it's important to make sure you buy your used car or truck from a trusted dealer, like SouthWest Chrysler Dodge Jeep Ram. That way you can rest assured that you're getting a car with a great price/quality ratio, and one that will last for years to come.
4. Lease a Ram, Jeep, Dodge, Chrysler car, truck or SUV in Cleburne:
The general rule of thumb on car/truck leases is that if you put down a larger down payment, your monthly payments will be a lot lower. With a larger down payment, your lease payments are more manageable, so if you do decide to extend your lease, you can negotiate to keep the same low payments.
5. Pay down your existing Ram, Jeep, Dodge, Chrysler car/truck loan in 2022:
Putting a nice, big payment on an existing car/truck loan can help you get one step closer to becoming debt free. You can either make an extra payment, which will help you pay off the loan quicker, or pay down the balance, which will reduce your interest over time. It's also a good idea to call your lender to see what they think is the best thing to do in your particular circumstances.
6. Refinance your Ram, Jeep, Dodge, Chrysler car/truck/SUV loan in 2022:
Did you know you can restructure an existing car or truck loan? If your car/truck loan has a high interest rate or you've improved your credit score since getting the loan, you could use your tax refund as leverage to structure a better loan with lower monthly payments. You can even use a portion of your tax refund to reduce the principal and get a better interest rate on the balance.
We hope you've found this tax refund guide helpful. Feel free to call our Finance Department at 888-218-7125 with any questions. SouthWest Chrysler Dodge Jeep Ram has been serving Cleburne, Burleson, Mansfield, Dallas-Forth Worth and neighboring Texas communities for years, so people know we're the most trusted Ram, Jeep, Dodge, Chrysler dealer around. We want to see you get the most for your tax refund, so stop by our dealership to browse our new and used cars/truck/SUVs this tax season.