Do you want to buy a new SUV, truck, or car without spending much of your savings? Tax season is a great time to purchase your next vehicle. With the significant tax returns that many Americans get back, getting your dream vehicle is easy in this period. If you want to spend your income refund on a new or used vehicle, we have some great news for you. The typical tax return is not only enough to pay for a down payment but also enough to fully pay for a new or used vehicle. Here are some tips on using your tax returns in paying for a vehicle. Whether you opt to lease or purchase your new car, SUV, or truck, you can use your tax returns to pay for a deposit. This offers you a great opportunity to reduce your month-to-month payments and reduce the interest payable.