Tax season is upon us, and that upcoming refund check can be your key to unlocking the new luxury car of your dreams at BMW of Asheville. At our friendly dealership, our team of BMW financing experts is here to help you maximize your tax refund and make smart financing decisions on the new BMW model of your choice. Here’s how to leverage your extra cash infusion for a new or pre-owned BMW car in 2025.
Using Your Tax Refund as a Down Payment
A tax refund, even a smaller one, can significantly impact your car-buying power. The most direct way to utilize it is as a down payment. Making a larger down payment on a new or pre-owned BMW car offers several advantages:
- Lower Loan Amount: Reducing the total amount that you need to finance means unlocking lower monthly payments and less interest paid over the loan’s life.
- Reduced Negative Equity Risk: A larger down payment helps buffer you against depreciation, which reduces the risk of going underwater (owing more than your BMW car is worth).
- Better Interest Rates: Lenders often often lower interest rates for borrowers who make higher down payments.
- Shorter Loan Terms: Reduces the total life of your loan, helping you own your BMW car outright quicker.
Our BMW Financing Options in Asheville, NC
Here at BMW of Asheville, we offer a wide range of financing options. These include traditional auto loans, BMW Financial Services, and BMW leases. Visit us to discover the best option for your individual needs.
Put Your Tax Refund to Work at BMW of Asheville
Our finance team at BMW of Asheville is ready to help you make the most of your 2025 tax refund. We’re happy to guide you through the financing process. Visit us today to get the ball rolling!