How to Use Your 2024 Tax Refund as a Down Payment on a New Ford in St. Louis

Tax season isn’t just about filing returns. For many St. Louis residents, a tax refund represents a unique opportunity — and at Dave Sinclair Ford, it’s one of the smartest times of year to upgrade to a new vehicle. Using your 2024 tax refund as a down payment can help you lower your monthly payments, get approved more easily, and qualify for better interest rates from Ford Credit.

Whether you’re commuting daily from Mehlville or hauling weekend gear out to Lake of the Ozarks, this is a chance to make your money work harder — and longer — for you. Let’s break down exactly how to turn that tax refund into long-term value.

Average Refund in Missouri? Enough to Make a Big Impact

The average Missouri tax refund in 2023 was just over $3,000. That’s more than enough to make a meaningful dent in your purchase — especially when paired with Ford’s current spring incentives. You could:

• Reduce your loan amount and total interest paid
• Drop your monthly payment by $50–$150
• Offset sales tax and doc fees
• Bridge into a higher trim or 4WD package

In fact, a $3,500 refund applied to a 2024 Ford Escape SE lease could cut your payment down to as low as $329/month — with no hidden fees and transparent financing from the Dave Sinclair Ford team.

Best Ford Models to Target with Your Refund

Not sure where to apply that refund? These models are some of the best bang-for-your-buck picks this April:

• 2024 Ford Edge SEL: Spacious, smooth, and available with 0% APR — ideal for families wanting safety and style.
• 2024 Ford Bronco Sport Big Bend: Adventure-ready, with plenty of capability for St. Louis winter and summer driving alike.
• 2024 F-150 STX: Truck Month may be over, but select trims still qualify for major Bonus Cash offers this month.
• Pre-Owned Inventory: Many late-model Certified Pre-Owned Fords are available for under $400/month with $3K down.

Local Financing Tip: Ford Credit Loves Cash Down

St. Louis customers using their tax refund often qualify for better Ford Credit tiers thanks to their increased upfront investment. Even buyers with limited credit history or recent changes (divorce, job change, etc.) may see stronger approvals by leveraging a larger down payment.

And if your refund hasn’t hit your bank yet? We’ll work with you. With proof of IRS processing, our finance team can often structure your deal now and finalize once the funds arrive — locking in current incentives before they expire.

Trade + Refund = Upgrade Time

We’ve helped hundreds of local drivers get out of older vehicles and into new or Certified Fords by combining their trade-in value with their refund. It’s a simple formula that works:

• Your refund covers taxes, fees, and down payment
• Your trade-in value becomes your equity
• The result? Lower payments, no GAP insurance needed, and a newer ride with warranty coverage

Got a high-mileage sedan or an aging SUV? Now’s the time to make your move.

St. Louis Spring Events Where Your New Ford Shines

April in St. Louis is the perfect time to put your new vehicle to use:

• Cardinals Opening Day: Cruise down to Busch Stadium with confidence in your new Explorer or Bronco.
• Forest Park Weekends: Load up the Edge and enjoy paddle boating or the Zoo with the family.
• Spring Camping Trips: Take advantage of Bronco Sport or Ranger tow capacity and hit the trails.
• St. Louis Earth Day Festival: Go green in a hybrid Ford Escape — and park right by the EcoZone.

Your refund can unlock more than just value — it can power your spring.

Limited-Time Ford Incentives for April

This month, Dave Sinclair Ford is offering exclusive programs that work perfectly with tax refund timing:

• 0% APR financing for up to 60 months on select 2024 models
• $1,500–$3,500 Bonus Cash on qualifying vehicles
• Deferred first payment programs — drive now, pay later

With inventory finally stabilizing and new production arriving, there’s no reason to wait — especially with spring road trip season around the corner.

Make Your Refund Work Harder — Only at Dave Sinclair Ford

We’ve been helping St. Louis families get the most out of tax season for over 50 years. Whether you want to lower your payment, stretch your budget, or upgrade your current vehicle, we’ll help make every dollar count.

Stop by our showroom in St. Louis today or start your pre-approval online in minutes. Your tax refund can do more than sit in your account — it can move you forward.

Dave Sinclair Ford — Where Smart St. Louis Buyers Start Their Spring.

Disclaimer: Offers subject to credit approval and availability. See dealer for full program terms and IRS refund eligibility requirements.