Tax Season FAQs

We recommend transforming your tax refund into a new car at our Chevy dealership near Esko. Why? It’s a strategic way to manage an incoming cash flow. By using your tax refund as a down payment, you can reduce your loan amount and potentially lower your monthly payments, making your purchase of a new Buick SUV or Chevy truck both prudent and manageable.

It's straightforward! Customers at Kolar Chevrolet Buick GMC can take advantage of federal EV tax credits in Minnesota to save big on an electric GMC truck or Chevy SUV. Whether you’re interested in the innovative HUMMER EV or any of our pre-owned electric vehicles, you may qualify for these substantial tax rebates. Visit us to learn how to secure these valuable savings on new electric cars for sale in Hermantown.

The Section 179 tax deduction allows you to deduct the full cost of qualifying assets used primarily for business purposes. Several Chevy and GMC trucks are particularly enticing thanks to this tax advantage, making them excellent choices for expanding your commercial fleet. Consult with our commercial GMC and Chevy finance experts to explore how you can enhance your business with a new GMC Sierra HD truck or Chevy Express cargo van.

The tax implications can vary, so let us guide you through the nuances involved when you visit us to buy a car out of state. Whether you’re coming from Wisconsin, North Dakota or beyond, buying a car out of state is made easy at Kolar Chevrolet Buick GMC.

There are several compelling reasons. For starters, the end of the year offers numerous new GMC specials and Buick financing incentives. Also, keep in mind that you need to finalize your purchase by December 31 to qualify for certain tax incentives like Section 179. If you delay until January, you may miss the opportunity to claim these benefits on your current tax return -- and waiting until next year runs the risk of becoming ineligible for savings. The smart thing to do? Make your purchase today and lock in your tax savings.