Tax season is an excellent opportunity to upgrade your driving experience at Lexus of Valencia. Whether you’re in the market for a pre-owned Lexus SUV like the Lexus RX, the Lexus NX, or something else entirely, you can strategically use your tax refund for a down payment. Here is an overview from our Lexus finance professionals on how to best use your tax refund as a down payment at our dealership.

The Route to Pre-Owned Luxury

A pre-owned Lexus SUV is already an excellent choice for several reasons, and your tax refund only amplifies those benefits. They include:

  • Reduced Depreciation: New Lexus vehicles experience the steepest depreciation in the first few years of ownership. You avoid that initial drop by applying your refund toward a down payment on a pre-owned model.
  • Reduced Loan Amount: A larger down payment boosted by your tax refund translates to a smaller loan amount. This means that you’ll experience lower monthly payments and less interest over the life of the loan.
  • More SUV for Your Money: Your tax refund can make a higher trim level or a more feature-heavy Lexus SUV attainable.

Upgrade to an L/Certified SUV Model

Another way to smartly use your tax refund is to upgrade to an L/Certified pre-owned model. Vehicles in this program have undergone a rigorous 161-point inspection completed by a Lexus-trained technician. They also include additional benefits like an unlimited-mileage warranty and complimentary maintenance.

Visit Lexus of Valencia with Your Tax Refund

Here at Lexus of Valencia, our finance professionals are happy to explain your pre-owned Lexus SUV financing options. Leverage your tax refund cash for a pre-owned Lexus SUV today!