El Paso TX Tax Season Car Deals for BMW

income tax season car deals for BMW in el paso tx area

Searching For El Paso TX Income Tax Season Car Deals for BMW

The United States’ tax season is truly an intelligent time of year for buying a new or used car. Smart car hunters can typically apply a significant income tax refund towards a purchase or down payment. Don’t wait. Check out our El Paso TX income tax season car sales for BMW today.


  • Is There a Federal Tax Benefit When Financing a Vehicle?

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

    Disclaimer. Consult a tax professional when filing deductions on your federal taxes.



  • Is Purchasing a New Car or Truck Tax Deductible on State Taxes?

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

Why We Offer Tax Season Car Sales

It’s Always a Great Time to Lease or Buy a New BMW in the El Paso TX Area

If by chance you happened to miss out on our BMW Year End or Presidents’ Day Sales Events, don’t worry, our next big sale is waiting just around the corner. We’re offering great car sales throughout the United States’ income tax season. Visit our incentives or inventory to find the BMW deal in El Paso TX you’ve been looking for. Our knowledgeable BMW specialists are ready and waiting to make it even easier to find the right vehicle at just the right price point.

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Google Jul 7, 2020
 

Some of the best service I have seen in El Paso. Took the time to listen and explain.

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Google Jul 6, 2020
 
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Google Jul 2, 2020
 

Amazing service from EVERYONE on their staff!! These guys go above and beyond, especially Juan at BMW!! Ask for him and he will make sure you get into the car you want. He really made our car buying experience special, he really took care of us. I absolutely love my vehicle thanks to David who is showing me all the car features and all that my car can do. Thank you all for the great service and great vehicles.

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6318 Montana Ave. • El Paso, TX 79925

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Today's Hours:

Open Today! Sales: 8:30am-7pm

Open Today! Service: 7am-6pm

Open Today! Parts: 7am-6pm

BMW of El Paso 31.7881173, -106.407489.