Tax season can present the perfect opportunity to enter into the world of Cadillac luxury. If you receive a tax refund in 2025, the friendly team at Fields Cadillac St. Augustine can help you find the perfect use for it. Your tax refund can be used for Cadillac financing, helping you get behind the wheel of a new or pre-owned Cadillac model — here’s how.
Tax Refund Strategies at Fields Cadillac St. Augustine
The best way to utilize your tax refund check at Fields Cadillac St. Augustine is by putting it toward a down payment on a new or pre-owned car. Doing this will lower your monthly payment and reduce the total amount of interest paid over the life of the loan. These are some ways in which your tax refund helps with financing.
- Upgrade Your Trim Level: Your tax refund can be used to upgrade to a higher trim level of your preferred Cadillac model. For instance, if you’re buying the Cadillac CT5, your refund amount can be used to upgrade from the Premium Luxury to the Sport trim.
- Lower Your Interest Rate: Lenders often reward borrowers who demonstrate financial responsibility. Making a larger down payment signals lower risk, potentially allowing for a lower interest rate.
- Shorten Your Loan Term: A large down payment allows you to choose a shorter loan term. This means that you’ll pay off your loan faster.
Leasing Options
You can also use your tax refund for lease-related expenses. Applying your refund toward the capitalized cost of a lease will lower your monthly payments. You can also use your refund to cover upfront lease costs, such as acquisition fees and security deposits.
Use Your Tax Refund at Our St. Augustine, FL Cadillac Dealership
Our finance experts here at Fields Cadillac St. Augustine are ready to help you put your tax refund check to work. Visit us today to explore your Cadillac financing options and drive away from our showroom in a brand-new Cadillac car!
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