Posts Tagged ‘auto loans’

Should I Use My 2017 Tax Refund to Buy a Used Car?

Wednesday, February 7th, 2018
Tax Return For Car Down Payment

It’s that time of year again. Uncle Sam is coming for your taxes, and you’d better be prepared to pay up.

But if you’re like most Americans, probably don’t have to worry too much about that–you’ve likely had your payroll taxes automatically deducted from your paychecks throughout the year. This means you can reasonably expect a fairly sizable tax return. In fact, almost 8 out of 10 Americans are expected to get a tax refund.

Of course, don’t forget that this is your money – it always was, it’s just getting refunded back to you. And you get to spend it however you want (whether it’s for a big screen TV, or to pay off debt, or anything else, really). (more…)

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