When you're in the market for a new Ford or used vehicle but don't have enough money for a down payment or the full purchase price, consider using your tax return to help.
Down Payments
Even if you have to make monthly payments on a vehicle you select from Ford Lincoln of Queens, you can use your tax return for the down payment. With some tax returns being several hundred dollars, you won't need to save as much money. You can show the finance team that you have a more significant amount to put down on a vehicle so they can help you secure an ideal car loan or lease. Having a larger down payment is also helpful if your credit score isn't perfect because you won't have to qualify for a large loan.
Lower Payments
When you're able to use your tax return to help purchase a new Ford or used vehicle in Queens, it can help lower the monthly payments that you make. It can also reduce the interest rate since you're taking a more considerable amount off the car's total price at one time. If you're able to add money to your tax return, you could further reduce the payments you make each month and pay your vehicle off sooner than expected.
Reliability
If you have a down payment to work with, you can usually get a car that's a bit more reliable from a dealership than paying cash for a used vehicle that you might not know a lot about. Our dealership carefully inspects vehicles before they make it to our lot, so you know you're getting a reliable car for your family.
Contact Our Finance Center
To learn more about using your tax return to buy a new Ford Explorer, Bronco Sport, or Edge, contact our finance center today. Our experts can help you find a car loan or lease that works within your budget and factors in your tax return.
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