Rev Up Your Refund: Turn Your Tax Return into a Car
In 2025, the average tax return was around $3,000. So, while it can be tempting to procrastinate about filing your taxes, you can rev up your tax return and turn it into a down payment on a new or pre-owned car. We encourage you to visit our Dover dealership to browse our new and used inventories and to test drive your dream vehicle. When you use your tax return to buy or lease a car in Dover, you’ll enjoy a lot of flexibility, because you’ll start with a larger down payment. Our team can help you complete your tax return car purchase in confidence.
How Long Does it Take to Get Your Tax Return?
You shouldn’t have to wait too long to get your tax return. The IRS states that the majority of filers can expect their tax refunds within 21 days of submitting their tax return. It can take longer to process your tax return if you file by paper. There are other factors that impact how long it’ll take for you to receive your tax return:
- Submitting a return with errors in it
- You’ve recently been affected by fraud or identity theft
- You’re claiming an Earned Income Tax Credit or Additional Child Tax Credit
If you have lingering questions about your tax return, reach out to the person or company that prepared your taxes. If you want to learn more about car buying or leasing, or what you can expect as a monthly car payment, contact us online or call us at 330-364-6659 to speak with us directly.
3 Ways to Use Your Tax Return for a Car Purchase
Put Your Return Toward a Down Payment on a New Car
It’s simple! Take the extra cash from your tax refund and put it toward a down payment on a new car. Do you already have separate savings for a new car? Put the money from your tax return with your savings, and you may be able to afford a higher trim level.
Tax Return for Used Car Buying
If you want to save even more money on a new-to-you car, browse our used vehicle specials for offers you don’t want to miss. Using your tax return on a used vehicle can give you even more buying power, allowing you to aim for a more luxurious car.
Using Your Income Tax Return On a New Car Lease
Thinking of leasing a new car? You can use your tax refund to make a down payment on a car lease — just as you can put it toward a down payment on a car loan. If you already have a lease and you’re nearing the end of your lease, you can use your tax return to put toward the purchase of your leased vehicle, if desired.