What to Know Before Using Your Tax Refund as a Down Payment | Three Rivers, TX

If you’ve been thinking about putting your tax refund towards a new Ford, you’re already on the right track! Three Rivers Ford has some tips and reminders for our Corpus Christi, Beeville, Kenedy, and George West, TX, customers to remember this tax season.

Let’s cover a few essential things before you swipe that refund toward your next F-150, Explorer, or Escape!

The Bigger the Down Payment, the Lower the Monthly Payments

Using your tax refund as a down payment is a great advantage because it lowers the final amount you’ll need to finance on whatever Ford vehicle you choose.

• Lower monthly payments
• Greater chances for loan approval
• Reduce total interest over time

Taking this step is a simple yet beneficial way to help create some breathing room in your budget–something everyone can appreciate this Valentine’s season.

Determine Your Budget Before Hitting the Lot

Before you start looking for your perfect match, take a moment to review your budget. This can include things like:

• What you’re willing to pay monthly
• Prices of insurance
• Gas expenses

Shopping for your new Ford car, truck, or SUV can be an exciting time, but remember to consider owning this vehicle long-term. With this in mind, we encourage you to shop for a strong, reliable, fuel-efficient Ford. 

Fall in love with smart car-buying this February, and use your refund on a new Ford at our dealership! Visit us at 905 N. Harborth Ave., Three Rivers, TX 78071, or call us with any additional questions at (361) 436-8226. 

Tags: beeville, Corpus Christi, Escape, Explorer, f-150, ford, george west, Kenedy, rivers, specials, Tax Time, texas, three
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