While tax season can feel like a burden, the result is that you often end up with a hefty refund check. If you’re searching for a Dodge Durango used, this time of year represents the perfect opportunity to get behind the wheel. Here at 495 Chrysler Dodge Jeep® RAM, we have a large pre-owned inventory, including several versions of this high-performance Dodge SUV. Here is an overview of how to use your tax season savings to upgrade your everyday ride.
Lower the Financed Amount
Receiving a lump sum tax refund from the IRS allows you to walk into our dealership with a much stronger equity position. By applying your tax refund money to a down payment on a used Dodge Durango, you instantly lower the amount that you need to finance.
This often has the side effect of lowering your interest rate from our large network of lenders. Financial institutions view a larger down payment as a sign of stability, which can move you into a higher credit tier while ensuring that more of your monthly payment goes toward the principal rather than interest.
Maximize Value and Reduce Depreciation
The Dodge Durango is known for its impressive towing capacity and spacious seven-seat, three-row interior, making it a perfect choice for active families. Purchasing a pre-owned model allows you to skip the SUV’s steepest depreciation curve. You can also use your tax refund money to upgrade to a higher trim of the Dodge Durango, allowing you to enjoy premium features.
Buy a Quality Dodge Durango Used in Lowell, MA
Here at 495 Chrysler Dodge Jeep RAM, our friendly team is ready to help you get behind the wheel of a used Dodge Durango. Our finance professionals can help you use your tax refund to secure the best rates. Visit us today!
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