Use Your Tax Refund to Buy a New or Used Car in Kingston, NY

No matter if it's a new vehicle, or a used one, if you plan on financing with an auto loan, your tax return can help you with a down payment. You can take the money you got as a return, combined with some other potential down payment funds, plus if you want you use your current vehicle as a trade-in and apply that value toward the purchase, and put it all together to take off some money on the purchase price and loan payments. It'll help reduce the monthly payment, and give you better terms.


Use Your Tax Refund Toward the Purchase of a New or Used Vehicle

At Colonial Subaru of Kingston, we have many options for those around the greater Albany area to choose from. Be it new Subaru models or an affordable used car or SUV, there's something here that offers appeal for all lifestyles. When tax season comes around, many of us are able to anticipate a tax return. That's always a good time to think about purchasing a new or pre-owned option, as you can apply your tax return toward buying or leasing a quality ride!

How to Buy a Vehicle with Your Tax Refund

There are many different ways to go, whether you're buying new or used. We have a few suggestions on how to approach it, and of course, we're here to guide you through each and every new Subaru, which includes popular options like the Legacy, Crosstrek, Impreza, Forester, Outback, and Ascent. Additionally, there's lots of standout used Subaru vehicles here, as well as used cars and SUVs from a variety of brands. Here's a few things to keep in mind when thinking about how to spend your tax return on a vehicle:

Use a Tax Return for a Subaru Lease

Like financing to buy, you can also apply a tax return toward leasing too. A larger lease down payment can significantly reduce the monthly payment. This allows you to get into a new Subaru with your tax return and any other funds, while also giving you the flexibility you want, as there are also ways to extend a lease term, or if you choose to buy your leased vehicle, you can get standout terms.

Used a Tax Return to Pay Off Existing Auto Loan

If you're currently driving in a Subaru or any other vehicle that has an auto loan, putting the funds you get from your tax return toward paying off an auto loan is also a sensible decision. That can help reduce the balance and get you closer to the pay off amount if you're a driver thinking long-term about your vehicle purchases.

Let Our Finance Team Assist You in the Car Buying or Leasing Process

Whether you'd like to buy or lease a new Subaru or you want to experience savings with a used car purchase, the finance team here at Colonial Subaru of Kingston is here to help. We'll inform you of all the options you have and make sure you're able to apply your tax return toward a purchase how you want, and get a quality payment plan in the process.

If you're ready to begin, contact us at the dealership serving those in Gardiner, New Paltz, Newburgh and Woodstock, NY and we'd be happy to begin soon!

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  1. Colonial Subaru

    761 East Chester St
    PO Box 1249
    Kingston, NY 12401

    • Sales: 845-339-3333
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  • Contact our Sales Department at: 845-339-3333
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