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Turn Your Tax Refund into a Down Payment

Turn Your Tax Refund into a Down Payment

Tax season is here again - and if you’re like many Americans, you’ll be using this year’s refund to do something car-related, whether it’s fixing your current car, paying it off, or buying a new one. That’s because refunds, which have averaged around $3,000 in recent years, can provide buyers with a ready-made down payment on their next ride. How? The process is simple.

File Your 2018 Taxes Yourself or Hire a Professional
It will cost a little money, but paying a professional to prepare your taxes will ensure that everything is done properly.

File Your Taxes Electronically or by Mail
If you file your taxes through the mail, your refund will be processed in 6-8 weeks. If you file them online, you should have your refund within 21 days. You may check the status of your refund by visiting the IRS hosted site called “Where is My Refund?”

Research Your Vehicle Purchase and Get Your Pre-Approval
After verifying the amount that you will be getting back, you should start looking into your car options. Are you going with used or new? Which vehicles on the market seem to suit your everyday needs best?

  • Visit our Auto Buying Center - Over 4 Million New and Used Vehicles Nationwide
  • Apply for Your Fast & Easy Pre-Approval – Avoid the Dealership’s “Finance Office”
  • Visit the Dealership of Your Choice and Drive Away with Your New Car!

Plus, when you you finance your vehicle with Best Reward, we’ll give you $100!* Offer ends May 31, 2019. Apply online or visit a branch today!

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*All loans are subject to approval. Loan amount, rate, and term based on the credit qualifications, model year, and loan-to-value (LTV). Loan balances of at least $15,000 will receive $100 cash that will be provided as a deposit to the Share Savings Account within 30 days of the loan disbursal date. The value of the $100 cash is subject to 1099-INT reporting. If the loan is paid off in less than 24 months, the $100 cash will be forfeited. This offer excludes existing vehicle loans with Best Reward Credit Union. Other conditions and restrictions may apply.