What a Tax Refund Can Cover When Buying a New RAM 1500

Whether you’re planning for how to invest your tax refund or have already received it, your money goes further when you’re buying a new RAM 1500 truck at Hall Chrysler Dodge Jeep® RAM Virginia Beach. Your extra cash can help you access better loan terms or add rugged extras to your dominant new pickup. Take advantage of these benefits today and enjoy a capable drive all year long.
Making a Larger Down Payment
Your tax refund is a ticket to an even bigger down payment. With a larger down payment, you’ll be applying for financing for a smaller amount, which means you can access better loan terms and lower interest rates. In general, you want to put at least 20 percent down on a new truck like the RAM 1500, but every dollar improves your standing—and helps you avoid ending up upside-down on your loan.
Covering Fees and Other Costs
If you haven’t factored in fees and other associated costs of car financing into your budget, your tax refund can help make signing the papers more affordable. It’s easy to forget about sales taxes on vehicles, but you’ll need to pay a 4.15% sales tax here in Virginia Beach on your new vehicle. You’ll also be able to cover the dealer processing fee and other registration and title fees to make financing even easier.
Outfitting Additional Gear
The RAM 1500 is built for tough jobs, but specialized equipment and accessories can make taking care of work even easier. If you regularly haul gear and cargo, tools like Mopar® bed mats and splash guards will make loading the truck bed up and cleaning it out much easier. You can also make day-to-day driving more fun with a premium audio system or a bold all-black design package.
Test-Drive a New RAM 1500 in Virginia Beach, VA
Your tax refund can make financing your next no-compromise work truck even easier. Explore this dominant jobsite companion at our RAM dealership in Virginia Beach and find out more about how your tax refund can help you save. Explore our extensive lineup and take a test drive today!