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4 Ways To Use Your Tax Return on a Car - The News Wheel

4 Ways To Use Your Tax Return on a Car Photo: The News Wheel While there are countless ways to allocate tax return funds, why not spend it on a car? Whether you already own a vehicle or are currently shopping for a newer one, here are four ways to use your tax refund check on a car. Pay down a car loan One of the best ways to use a tax refund is to lower the balance you still owe on a current car loan, as Edmunds’ Ronald Montoya recommends. This will help you pay off the loan faster so you can enjoy putting your name on the vehicle’s title sooner and basking in the freedom that comes from having no monthly car payment.

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