We’re in the heart of tax season, and if you’re lucky enough to receive a financial windfall in the form of a tax refund, you can take advantage of that here at Acura of Sherman Oaks. Our team of friendly Acura dealers and finance professionals believe that your tax refund is an opportunity to make a smart investment in one of our high-quality pre-owned Acura cars. Here’s how your refund can lead to significant savings and get you behind the wheel of a luxurious Acura vehicle.
Down Payment and More
Using your tax refund check as a down payment is the most obvious way to use your money on a pre-owned Acura car. However, the financial benefits extend far beyond your initial purchase:
- Lower Loan-to-Value Ratio: Utilizing a larger down payment reduces your loan-to-value ratio. For lenders, this signifies that you are a lower risk, which can result in lower interest rates and more favorable loan terms.
- Avoidance of Being Upside Down on a Loan: Owing more on a loan than the vehicle is worth, also known as being upside down, can be a financial burden. Making a larger down payment can help you avoid this situation.
- Reduced Depreciation: Pre-owned vehicles have already undergone the steepest depreciation curve. By using your tax refund as a down payment, you’re starting with more equity and minimizing the impact of depreciation.
Unlock Certified Pre-Owned Acura Options
Perhaps you can now afford a Certified Pre-Owned Acura model with your tax refund. These exclusive models have been rigorously inspected, feature extended warranty coverage, and include additional benefits such as roadside assistance.
Bring Your Refund Check to Acura of Sherman Oaks Today
Visit Acura of Sherman Oaks with your tax refund check in hand to get the ball rolling on your pre-owned Acura shopping journey. Our team of friendly Acura dealers is ready to get you behind the wheel of a model that best fits your needs and preferences!
