At Genesis of Brunswick, we’re dedicated to matching drivers with the right vehicle at the right price. That’s why we’re sharing a closer look at the best ways to save on your next car during tax season. Learn about savings and benefits, and pick out the perfect model at our dealership.

Increase Your Down Payment on a New Car

The larger your down payment is, the more money you’ll be able to save over time. That’s because you’ll pay your vehicle off more quickly, and you’ll have smaller accrued interest costs in the long term. The typical recommendation is to put down at least 20% of the vehicle’s value, but with your tax refund, you may be able to put down more.

Increase Your Down Payment on a Pre-Owned Car

Another way to save is by purchasing a pre-owned vehicle instead of a brand-new model. Pre-owned vehicles are much less expensive than new vehicles, so your tax refund will go further, and you’ll have access to even more vehicles within your budget. Depreciation is also lower with pre-owned vehicles, so more of your vehicle’s value and your tax refund will be returned to you.

Cover Day-Of Costs

When financing a vehicle, you want to budget for day-of costs. These can include title and registration, dealership and destination fees, and sales tax, and can really add up. When you put your tax refund toward day-of fees, you have more money for the next model.

Begin Genesis Financing in Monmouth Junction, NJ

This tax season, make your refund work for you, with great ways to save on luxury performance vehicles. Genesis of Brunswick is the dealership that will support you along the Genesis financing process. Visit our New Jersey Genesis dealership to save on models you love.