Use your tax refund to buy a new or used car
If you pay taxes in New York, the state and federal government can help you buy a better car. The average New York taxpayer is getting a federal refund of around $2,500 and a New York state refund of around $4,000. That's a lot of money all at once and 100% of that amount is available to you. Instead of spending that money on a short-term expense like a vacation that will only last for a week or two, you can make a smarter investment by using it toward a new or used vehicle.
A newer model is likely to cost less in repairs than an older model. When you use your tax refund to make a larger down payment on a newer vehicle, you'll have lower monthly car payments and you'll spend less on interest over the course of your loan. By putting that tax refund into a new or used car, you'll have an investment that has ongoing value.
Your tax refund helps you have more equity in that car and that's money that won't go away in a week or two. A good portion of that value will still be there to help you buy your next vehicle. Here are some ideas on popular Chevrolet models you can get with your tax refund at Healey Chevrolet in Poughkeepsie, NY.
Your tax refund can go a long way toward a new or used Chevy Silverado 1500
The Chevy Silverado 1500 is a great example of a vehicle that will make a good long-term investment. It's always one of the best-selling full-size pickups in the country and that means it will hold its resale value better than less popular pickups. If you use your refund on a brand-new Silverado 1500, you can drive home to Fishkill or Beacon with a 6.2-liter V8 engine that has a sporty dual-mode sport exhaust. Another reason the Silverado 1500 retains its value so well is because a new or used model will have some of the best towing capability in its class, giving you as much as 13,300 pounds.
Let your tax refund help you buy a new or used Chevy Equinox
The Equinox is Chevy's most popular SUV because of how versatile and practical it is. Sound like a good invesment? Absolutely. It has enough space for a family of five, it has an easy-to-use infotainment system and its fuel economy is above-average, saving you even more money. In fact, fuel efficiency can be as high as 31 MPG on highways around Wappingers Falls or Hopewell Junction. A Chevy Equinox will have a comfortable ride and will be equipped with a lot of valuable safety features.
Your tax refund can help put you into a new or used Chevy Trax
The Chevy Trax delivers a lot of value right off the bat. Because it's the least expensive vehicle Chevy makes your tax refund represents a bigger per cent of the cost so your ownership share is greater. The new Chevy Trax is an especially good value because of changes made by Chevrolet in recent upgrades. The newest version is bigger and has more horsepower than the previous model and yet Chevy managed to actually reduce the price. If you're looking for a subcompact SUV, the Chevy Trax makes a lot of sense and your tax refund can help lower its cost even more.
Your tax refund could be your ticket to a new or used Chevy Traverse
The Chevy Traverse stands out among three-row SUVs because there's quite a bit of room even in the third row. The latest edition of the Chevy Traverse has an available Z71 off-road model with a twin-clutch all-wheel drive system. That's a feature you'll appreciate when you want to go on family adventures away from your home in Kingston NY. Every new Traverse now comes with a massive infotainment touch screen and plenty of standard safety features. The Traverse is already an outstanding value and it becomes even better when it gets the extra power of your tax refund.
See how far your tax refund can go
We have a big variety of cars for you to choose from whether you're looking for a new or used Chevy. Check the status of your New York state tax refund at https://www.tax.ny.gov/pit/file/refund.htm and take a test drive soon at Healey Chevrolet in Poughkeepsie, NY.
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Healey Chevrolet
1960 South Road
Poughkeepsie, NY 12601
- Sales: (845) 632-0257
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