How can you spend your tax return on your vehicle?
Spring brings many things, aside from unintentional rhymes. The temperatures are rising, the flowers are blooming, and—GASP—taxes are due! Filing your taxes can be a hassle, but once the time to file has ended and you (hopefully) await your refund, that’s when tax season gets fun. Tax refunds can sometimes be quite a windfall, and it is exciting to have some money to spend on whatever you please. One way to spend this lump sum is on your car. How can you spend your tax return on your vehicle? Read on for a few of our suggestions!
Tips for spending your tax return on your car
- Does your car need new tires? That can sometimes be quite an expense, so if your tires have worn thin, it might be a good idea to spend your tax return on new ones.
- Have you been putting off some major fixes your vehicle needs? While those should always be handled as soon as possible, if finances have been a reason for delaying such repairs, now may be the time to finally act.
- Do you still have a few payments to make on your current set of wheels? Maybe this tax return can cover the rest of it and you can finally pay it off.
- Has your car gone from impressive ride to burdensome jalopy? Maybe it is time for an upgrade, in which case your tax return would make a great down payment on a new car!