Picking out the used Honda car you’ve been dreaming of is even easier when you have your 2025 tax refund in hand. There are many different ways to apply your tax refund to vehicle costs, and our team at Honda Van Nuys is here to help every step of the way. See how you can save on your next pre-owned vehicle with help from your tax refund.
Lowering Future Expenses
Our first piece of advice isn’t related to your tax return, but rather to your car’s sales tax: trade in your current model. That’s because one of the benefits of trading in is that sales tax is calculated after vehicle trade-in value has been deducted. Applying your tax refund as a down payment helps, too, because it lowers your loan principal; that, in turn, saves money on interest and fees.
Vehicle Purchasing Fees
You’ll want to account for a few other fees the day you purchase your pre-owned Honda vehicle. Registration, documentation, and destination fees are the most common, and you’ll also need to ensure your insurance has been updated before you take your new vehicle home. You can expect significant savings on the day of purchase by using your tax refund toward these costs.
Add-Ons and Accessories
You deserve a vehicle that feels like your own. With help from your tax refund, you can level up vehicle trim or add on an extended warranty or service plan without having to fold it into your financing. This, too, will save you money in the long term.
Test-Drive Pre-Owned Honda Vehicles in Van Nuys, CA
No matter your pre-owned vehicle ownership needs, you’ll find the support and savings you deserve at Honda Van Nuys. We make it easy to pick the right vehicle with full transparency along your financing journey — including the best ways to maximize your tax refund. Visit our dealership to get started.
