How To Use Your Income Tax Refund for Purchasing a Car in Beacon, NY

Your tax refund can look even bigger when you invest it in a better car

The average American taxpayer gets about $3,000 every year as a federal tax refund. There are a lot of ways you can spend that money, and perhaps you've tried several strategies in the past. But few options can have as much positive impact on your lifestyle as investing your refund in a new or used vehicle from Healy Brothers Hyundai in Beacon NY. The right vehicle can add to your daily quotient of fun, comfort and style for years to come.

When you think about your present car, do you think of excitement? You could

If you've been driving your current car, truck or SUV for a while, it's possible the magic has worn off. While your present vehicle might be service-able, it might not get your motor running every day. That's where your tax refund can come in. It can give you the money to invest in a new vehicle that really does get you excited. Check our new Hyundai inventory to see a lot of examples.

Any idea how much your current car is worth? Probably more than you think

If you haven't gotten a recent appraisal of your car, truck or SUV, you might be in for a treat. While used cars normally depreciate each year, a whole different thing is happening now. In 2021, the average two-to-five-year-old car actually increased in value by 12.9% according to J.D. Power. Some cars around Poughkeepsie and Goshen NY have appreciated even more. How much is your car worth? You can find out very easily.

Check your car's value and add your tax refund: You might have a lot to work with

Just go to our online "Value your trade" tool and enter a few facts about your car. Within seconds you'll get an estimate of what your car is worth. If you're like most people, that number will make your day. That amount of money as a trade-in can reduce the price of your next car by quite a bit. Then you can lower the price some more with the amount of your tax refund and suddenly, the car you want might look a lot more affordable.

Use your tax refund to put more down and lower your monthly payments

Let's say you just got somewhere between $3,000 and $5,000 back from the federal government. That amount of money added to your down payment can lower your monthly payments whether you're getting a loan or a lease. That's an advantage you'll be able to enjoy for the life of your lease, which is probably going to be 36 months. If you get a loan, the benefit lasts even longer: anywhere from three to six years or more.

Think about what that tax refund might help you buy

A $3,000 tax refund - coupled with the high value of your trade-in - can help you move up from a new 2022 Hyundai Kona SE to a 2022 Hyundai Tucson SE. Or move up from a Tucson to an exciting new 2022 Hyundai Santa Cruz, the short-bed pickup that helps you accomplish a lot more on the weekends. Whether you're from Fishkill or Hudson Valley NY, your tax refund can help you move up to a newer car, a nicer car or both.

You can get even more value by shopping our used car inventory. Complete our simple financing application to see how much you can qualify for. Then find the car you like the most online and contact us to schedule a test drive. Your tax refund can help you get a lot farther at Healey Brothers Hyundai in Beacon NY.

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  1. Healey Hyundai

    410 Fishkill Ave
    Beacon, NY 12508

    • Sales: 845-360-9822
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