Tax season is a time a lot of Americans use to purchase something big. As an average federal tax refund check is around $3,000, this money often goes towards a big, life-changing purchase. And in a lot of cases, the item that gets bought is the car.
Using your tax refund to buy a car is a logical decision, most of all if your own vehicle is old and needs thorough repairs. You know it’s time to replace your car if the repairs cost more than half of what you’ve paid for the vehicle itself. However, if you’ve decided to spend your tax refund on a car, you still should do it the proper way. Let’s review a few tips that might help you.