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10 Cars You Can Buy With Your Tax Refund

Updated on March 9, 2013

Why This Article?

So you were fiscally responsible and got your federal income tax done on time. Now, all you have to do is sit back and wait for your refund to come in. While you’re waiting anxiously for your check to arrive in your mailbox, you’re probably thinking of all the wonderful things you could do with that money. Instead of spending it frivolously, why not buy yourself a vehicle? There are plenty of gently-used cars, trucks and SUV’s to choose from, and will give you more bang for your buck. Here’s a list of 10 used vehicles that you can buy for less than $20,000.

Chevrolet Tahoe

Chevrolet Tahoe
Chevrolet Tahoe | Source

10. Chevrolet Tahoe

Don’t expect great gas mileage from this 5.3 V8 engine; but, it can hold up to nine passengers, and is a great choice if you want to tow a boat or trailer to the cottage on weekends. A roomy cabin, comfortable ride and strong performance are just a few features of this SUV. Look at years 2008 or older to get it this vehicle for under $20,000.

Ford F-150

Ford F-150
Ford F-150 | Source

9. Ford F-150

This has been one of the top selling trucks in America for almost two decades. This truck offers a smooth ride, best in-class brakes, and multiple bed and cab configurations. A 2009 will cost approximately $14,995.

Honda CR-V

Honda CR-V
Honda CR-V | Source

8. Honda CR-V

The 2.4 liter, 4 cylinder engine translates into great gas mileage, albeit a bit less powerful on the highway. If safety is important to you, then you’ll feel great knowing this passed many crash safety tests with flying colors. There is ample cargo space and a good cabin layout. A 2009 will cost you about $16,931.

BMW 3 Series

BMW 3 Series
BMW 3 Series | Source

7. BMW 3-Series

Stylish, sporty and practical sum up this coupe nicely. Sophisticated engine design and high-quality will have you paying about $18,937 for a 2007 model.

Toyota Camry

Toyota Camry
Toyota Camry | Source

6. Toyota Camry

This well designed vehicle has become one of the most trusted in North America, for dependability, reliability and performance. A 2009 3.5 liter, V6 will cost you approximately $17,372.

Ford Fusion

Ford Fusion
Ford Fusion | Source

5. Ford Fusion

This is one of Ford’s best-selling sedans, thanks to its sporty looks, spacious cabin and superior handling performance. Available in an automatic 2.5 liter 4 cylinder, or 6-speed manual transmission, this will cost you anywhere from $14,950 to $21,945 depending on what trim package and engine you choose.

Nissan Altima

Nissan Altima
Nissan Altima | Source

4. Nissan Altima

Available as a coupe or sedan, the Altima provides the ultimate driving experience. High crash test scores and attractive styling make this a top pick for family sedans. A 2009 can be purchased for approximately $13,343.

Hyundai Azera

Hyundai Azera
Hyundai Azera | Source

3. Hyundai Azera

A 3.8 liter V6 engine provides a strong performance, with good gas mileage. Make of quality materials, a spacious cabin, and superior handling. Expect a price tag of $17,243 for a 2009 model.

Toyota Prius

Toyota Prius
Toyota Prius | Source

2. Toyota Prius

Excellent gas mileage and loads of interior space make this one of the top picks for a used car. 48 mpg in the city and 45 mpg on the highway means you can take that 2 hour car ride to the cottage on the weekends without breaking your budget. Expect to pay about $16,704 for a 2009.

Hyundai Elantra

Hyundai Elantra
Hyundai Elantra | Source

1. Hyundai Elantra

One of the best economy cars on the market, with excellent gas mileage and roomy interior. Don’t overlook this as just another small car; this has superior handling, with a smooth and secure ride. The price? A mere $10,433 for a 2009.

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    • tammyswallow profile image

      Tammy 4 years ago from North Carolina

      This is a great suggestion. I didn't realize these new cars were so affordable! Welcome to Hubpages!

    • risalat profile image
      Author

      Risalatul Hoque 4 years ago from Moorhead, MN

      Hi Tammy, thanks a lot for dropping by. Just a little clarification, I was not indicating brand-new cars rather the price tag is from dealership for gently-used cars (less than 50,000 miles).

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