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How Should I Use a Tax Refund to Buy a New Car?

If you are in the market for a new car, a lump sum from your tax return can come in handy. While it may be tempting to purchase a nicer car for a couple of thousand more, we suggest using it as a tool, not as a lottery win. There are other things to consider, and the best use of that cash might actually be to split the lump sum over time.

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