Autotrader Lists Top 20 Tax Refund Cars
The IRS’s new withholding guidelines have reduced the average American’s federal tax refund to $3,140. What kind of used car can your next customer buy with that money? Autotrader’s Chris O’Neill found 20.
The mid-2000s Saturn Ion is No. 7 on Autotrader’s list of the top 20 tax refund vehicles for 2019.
Photo courtesy General Motors Co.
ATLANTA — Car buyers shopping for quality pre-owned units this spring have lighter tax refund checks in their pockets thanks to new IRS rules that took effect last year. Hoping to share recommendations for quality used cars available for $3,140 (the current average), Autotrader’s Chris O’Neill did some research and came up with a surprisingly long list.
“Depending on the vehicle you choose and on your individual situation, you may have to kick in a few hundred dollars, but you'll still be able to get a running car in reasonably good shape,” O’Neill wrote.
Autotrader’s list of the top 20 tax refund vehicles for 2019 includes:
Ford Taurus (early to mid-2000s)
Ford Explorer (mid-1990s to mid-2000s)
Honda Accord (early 2000s)
Ford F-150 (1997–2006)
Honda Civic (2001–’05)
Chevrolet Cobalt (2005–’10)
Saturn Ion (2003–’07)
Toyota Camry (late 1990s to early 2000s)
Ford Focus (mid-2000s)
Pontiac Grand Am (mid-2000s)
Dodge Grand Caravan (early to mid-2000s)
Chevrolet Malibu (early to mid-2000s)
Ford Escape (early 2000s)
Jeep Grand Cherokee (late 1990s to early 2000s)
Chrysler Sebring (late 1990s to early 2000s)
Chevrolet Impala (early to mid-2000s)
Chevrolet Trailblazer (early to mid-2000s)
Chevrolet Silverado (mid-2000s)
Ford Ranger (mid- to late 1990s)
Toyota Corolla (early to mid-2000s)
To read the Autotrader report in its entirety, click here.
Originally posted on Auto Dealer Today
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