Income Tax Season Car Deals for Hyundai in Lubbock TX Area

lubbock tx tax season car deals for Hyundai

Check Out Our Hyundai Income Tax Season Car Sales in Lubbock TX Area

The United States’ tax season is, without a doubt, a great time for getting a new or used vehicle. Savvy car buyers can often use a significant tax return for a purchase or down payment. Look through our income tax season car sales for Hyundai in the Lubbock TX area today.

  • Federal Tax Benefits For Buying a Car or Truck

  • The US Internal Revenue Service allows you to deduct sales tax paid for the purchase of a car by itemizing on Schedule A on Form 1040. Unless you itemize, you can’t deduct this sales tax. You are allowed to deduct this sales tax whether you buy from a dealership or a private party.

    Disclaimer. Consult a tax professional prior to taking deductions on your taxes related to a car.

  • Can You Deduct a New Car or Truck on State Taxes?

  • Yes, you are able to deduct the sales tax whether charged on a new or used vehicle. You can only deduct the sales tax that is equal to what you paid when you purchased the vehicle by adding it to the Sales Tax Table amount for the appropriate state, along with the car or truck registration fees that you paid, if the fee is based on the value of the car. Those expenses are deductible only when itemized. In the specific case of sales tax, it must be higher than the state income tax that was paid.

Why Tax Season Car Sales

It’s Always a Great Time to Finance or Lease a New Hyundai in the Lubbock TX Area

If you happened to miss our Hyundai End of Year or Presidents’ Day Sale Events, don’t worry, another big sale is always happening just around the corner. We feature wallet-friendly car deals throughout the United States’ income tax season. Visit our inventory or incentives to find the Hyundai deal in Lubbock TX you’ve been hoping for. Our friendly Hyundai specialists are waiting to help you find the right offer at a competitive price.

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(806) 785-7853

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4025 W. Loop 289 • Lubbock, TX 79407

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Today's Hours:

Open Today! Sales: 9am-6pm

Open Today! Service: 7am-6pm

Open Today! Parts: 7am-6pm

Gene Messer Hyundai 33.557943, -101.940469.