This is the most popular time to buy a used car. Here’s why..

April 3rd, 2023 by

Curious how to use your tax return to pay for your car? Thinking of buying that new Ford you’ve been dreaming about? According to industry experts, Tax Season is typically the peak season to upgrade your ride!

Tax season comes around every year and it brings with it a sense of excitement mixed with dread for many. While no one enjoys filing tax returns, tax season can also provide opportunities for financial gains.

One such opportunity is to purchase a new vehicle. Tax season coincides with many automobile dealerships offering incentives and deals on new vehicles. The refunds received back from tax filings can provide the perfect opportunity to put this money towards a new vehicle purchase. Some of the special deals may include reducing interest rates or incentivizing beforehand options that better interest individuals, such as, fuel efficiency or customizable features.

Dealerships may also offer discount packages or a tax refund bonus, which can help to lower the overall cost of purchasing a new vehicle.

The timing couldn’t be better, as the approaching changes in weather can make a reliable vehicle more important than ever.

Tax season can be a great time to begin shopping and find the perfect vehicle. Overall, tax season provides much more than just a refund. It can provide valuable opportunities. Gullo Ford of Conroe wants to help to get you the most bang for your buck when you purchase a preowned with your income tax refund!

A woman walks away from an F-150® Lightning® truck and Mustang® Mach-E® charging in her garage

If you are interested in purchasing an electric vehicle, this could be the deal you are looking for:

 

$7,500 in Potential Federal Tax Credits*

If you are purchasing and currently taking delivery of a Ford electric vehicle (EV) or plug-in hybrid EV (PHEV) you may qualify for as much as $7,500 in federal tax credits.
Customers and critics have chosen the 2023 F150 Ford Lightning as Top-Rated Truck of the Year!
Whether you are interested in a the F150 Ford Lightning or more of a Mach – E type, we don’t want you to miss this sweet tax season credit reward!
Come to Gullo Ford of Conroe today, we want to help you save you money and get you in the vehicle of your dreams, and possibly get the optimal refund amount on those tax returns while we are at it! Use Form 8936 on the IRS website to learn more about obtaining this potential tax credit for your new Ford electric vehicle purchase.
* Subject to MSRP cap of $80,000 and adjusted gross income caps. See vehicle pages for details. Please consult with your own tax or legal professional to determine eligibility, specific amount of incentives or rebates available. The federal tax credit is a potential future tax savings. The amount of your tax savings will depend on your individual tax circumstances. Incentives and additional rebates are not within Ford’s control. This information does not constitute tax or legal advice. Click here for additional information.