Tax Returns Make Great Down Payments 

Wednesday, January 08, 2014 9:51:56 AM

Once again, tax season is here! Couple that with the beating that your car takes during the long, cold winter season, and now is a great time to purchase your next vehicle! Tax returns are a great way to put some money down on that loan that you will most likely need. Wondering why you need a down payment? Down payments on vehicle loans do a number of things:

  • Lower your monthly payment
  • Allow you to save money on the shorter loan term and/or smaller loan balance
  • Builds trust in the lender that you are going to hold up your end of the bargain and make the payments since you already have a stake in the game

If you are looking to purchase your newest vehicle, use your tax return to make a down payment, and stop in to the nearest CSE office to get pre-approved before you start shopping!

Or, if you prefer, start the process online!

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