Buy or Sell Your Used Car During Tax Season

At some point, all of us eventually decide to move on from the car or truck we own. It could not fit the lifestyle we live anymore or, simply put, it can just be old and not as reliable. Choosing to sell your used car or truck during tax season has many benefits that could help you immensely and there’s also no better time to trade up, too. Here are some great reasons to sell your used car or truck and look for a great new-to-you deal during tax season.

Sell Your Used Car A Lot Faster

When tax season hits, a more significant amount of money is circulating because of all the tax refunds coming in. This makes it one of the best times to sell a car because the demand is way up. This means your car will sell faster, and possibly for a higher price, too! That also means you won’t have to wait for weeks or even months to see your car when you start during tax season.

Get a Tax Break 

If you end up selling your car for less than you invested in it, you do not have to pay taxes for it. You don’t even have to put it on your tax returns because taking a loss on a personal car is non-tax deductible. This is important to remember during tax season so you don’t have to stress about unneeded paperwork.

Buy a Car During This Tax Season at Finnin Ford

On the other side of the new year, dealerships are trying to get rid of their winter surplus making tax season a great time to buy cars. Because they know drivers are getting their tax returns, they try to offer an incentive to come and spend that tax return on the car many might have been wanting. These factors lead to reputable dealerships, like Finnin Ford, having lots of fantastic deals on cars during this time. Another perk is that, typically, interest rates are lower this time of year. If you decided to trade in your used car or truck coupled with lower interest rates, you could save a good amount of money over time. Don’t forget that there are plenty of different offers and incentives that might be out there as well.

Tax Season Made Easy at Finnin Ford in Dubuque

Buying a new or used car or truck or selling or trading in your car during tax season is a very savvy and achievable goal because of the market during this time. While most things are already laid out for your success, an important variable is finding the right place to sell your car or buy a new-to-you vehicle. You want to look for trustworthy dealerships that will give you an excellent price and fast removal. At Finnin Ford, we provide fantastic trade-in offers; you can even value your trade-in online to get a head start. With ever-changing deals on new and used vehicles alike, we are always looking for more ways for you to save. Contact Finnin Ford with any more questions you may have. We look forward to hearing from you this tax season!