Use Your Tax Refund to Buy a Car in Akron, OH

Use Your Tax Refund to Buy a Car in Akron, OH

It’s tax time again, which means gathering up important paperwork and looking forward to a refund. Here at Summit Toyota of Akron we think that this is also a great time to take home a new or used vehicle! Keep reading to learn more about how you can use that refund to make it happen.

Can I Use My Tax Refund to Buy a Car?

Although technically your tax refund is money you’ve already earned, many people do not count it as part of their monthly or annual budget plan. Instead, most view it as additional cash that they can use to help pay off a credit card, plan a vacation, or do a home repair. It’s also a great opportunity to take home a new-to-you vehicle. One of the most common ways to utilize your refund is to use it as a down payment. Depending on the amount you get back, this could be the ideal amount for either a new or pre-owned Toyota from our dealership. Not only will you avoid draining your savings account, more money down at signing reduces your overall monthly loan. If you want to see what your estimated buying power is, just head over to our online Payment Calculator!

Planning Your Options

Another option for your tax refund is to cover your first few months of payments. If you have enough savings for a down payment but don’t like the idea of taking money out of your monthly budget for a car loan, you can divide the amount of your refund by your estimated bill. For many people their refund will be enough to cover three or four months, allowing you to focus on paying rent or other essentials. This is also a great way to budget out a lease, since there isn’t as much due at signing compared to financing a purchase. Again, our online Payment Calculator can help along with our secure Finance Application.

Find the Right Vehicle

Ready to take the next step? Check out all of the exciting vehicles we currently have in stock! We are proud to feature a showroom filled with the latest Toyota has to offer, such as the RAV4 Hybrid and the GR Supra, as well as dependable pre-owned classics like the Corolla, Camry, and Tacoma. There’s a Toyota vehicle for every lifestyle and budget, so head on over to 1535 Vernon Odom Blvd. to talk with our team. We’ll also answer any questions you have about our finance options and how you can best stretch your refund money.

Use your tax refund to buy a car in Akron, OH! Summit Toyota of Akron is ready to show you how during any of our business hours Monday through Saturday, plus occasional Sunday hours. Stop by soon!


Have a Question About Financing? Contact Us! 

Contact Information


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Sales Hours

234-312-0405

Dealership Information

Testimonials

GuruPVMFN
GuruPVMFN
CARGURUS
4-3-2020
Full Star Full Star Full Star Full Star Empty Star

It was good .. very informit and helpful

"Everyone is professional. No pressure. John is a great..."

rmorrison1768
DEALERRATER
3-19-2020
Full Star Full Star Full Star Full Star Full Star

Everyone is professional. No pressure. John is a great guy to work with. He listens to his customers. He and the staff worked together to get the best deal for me. I appreciate the dedication to the customer and their needs. Great dealership.

Katie Weber
Katie Weber
GOOGLE
3-19-2020
Full Star Full Star Full Star Full Star Full Star

I recently purchased a used car from Summit Toyota and must say, I had an awesome experience. I dealt with Bob during the whole process, he is fantastic. I was upfront with my budget including down payment and how much a month I wanted to spend and Bob did not push for more than that I wanted. He was upfront, I never felt like I was being pushed or hassled. I would suggest Summit Toyota to anyone looking to purchase or lease a new or used car!

Everyone is professional. No pressure. John is a great...

rmorrison1768
CARS
3-19-2020
Full Star Full Star Full Star Full Star Full Star

Everyone is professional. No pressure. John is a great guy to work with. He listens to his customers. He and the staff worked together to get the best deal for me. I appreciate the dedication to the customer and their needs. Great dealership.

"Great experience at this dealership! Dan Schrier helped..."

Chloewillrich0
DEALERRATER
3-17-2020
Full Star Full Star Full Star Full Star Full Star

Great experience at this dealership! Dan Schrier helped me buy my first car!! Glad to have found my dream car at summit of Toyota thanks Dan!

Great experience at this dealership! Dan Schrier helped...

Chloewillrich0
CARS
3-17-2020
Full Star Full Star Full Star Full Star Full Star

Great experience at this dealership! Dan Schrier helped me buy my first car!! Glad to have found my dream car at summit of Toyota thanks Dan!

Jordan Gossett
Jordan Gossett
GOOGLE
3-14-2020
Full Star Full Star Full Star Full Star Full Star

I bought my car from Summit Toyota today from Todd Price! His customer service was exceptional! He's very personable, reassuring, helpful, and he not only made the process easy as pie but we had a blast! If you're in the market for a new vehicle I highly recommend going to see Todd Price at Summit Toyota of Akron!

"David Datsko is hands down the best salesperson that I..."

Paul Strange
DEALERRATER
3-11-2020
Full Star Full Star Full Star Full Star Full Star

David Datsko is hands down the best salesperson that I have ever dealt with, he is honest and true!!!! I told him exactly what I wanted and my budget and he came in under budget, the whole transaction was efficient and smooth. I highly recommend that you speak with Dave if you want the best possible deal that you can get! Paul Strange

"Really good service all employees where invested in..."

ATobias
DEALERRATER
3-11-2020
Full Star Full Star Full Star Full Star Full Star

Really good service all employees where invested in getting the right car that fits for me. Will definitely enjoy doing business with them in the future

Really good service all employees where invested in...

ATobias
CARS
3-11-2020
Full Star Full Star Full Star Full Star Full Star

Really good service all employees where invested in getting the right car that fits for me. Will definitely enjoy doing business with them in the future

David Datsko is hands down the best salesperson that I...

Paul Strange
CARS
3-11-2020
Full Star Full Star Full Star Full Star Full Star

David Datsko is hands down the best salesperson that I have ever dealt with, he is honest and true!!!! I told him exactly what I wanted and my budget and he came in under budget, the whole transaction was efficient and smooth. I highly recommend that you speak with Dave if you want the best possible deal that you can get! Paul Strange

Dan is the man!

oakleys
CARS
3-10-2020
Full Star Full Star Full Star Full Star Full Star

Dan Schrier was great. He was well prepared and on top of current market pricing. Dan is very knowledgeable of every product as well. He was able to walks us through every cool new function and every safety feature of our 2020 Camry.

"Dan is the man!"

oakleys
DEALERRATER
3-10-2020
Full Star Full Star Full Star Full Star Full Star

Dan Schrier was great. He was well prepared and on top of current market pricing. Dan is very knowledgeable of every product as well. He was able to walks us through every cool new function and every safety feature of our 2020 Camry.

Bobby Dillon
Bobby Dillon
GOOGLE
3-9-2020
Full Star Full Star Full Star Full Star Full Star

I bought my car 3 1/2 years ago from you guys, I love my car.

Dawn By
Dawn By
GOOGLE
3-8-2020
Full Star Full Star Full Star Full Star Empty Star

"The two men, Dan and Jamey, that my mom and I worked with..."

joannabeth2113
DEALERRATER
3-7-2020
Full Star Full Star Full Star Full Star Full Star

The two men, Dan and Jamey, that my mom and I worked with were great! They kept us laughing and made car buying fun! They also kept us talking by asking personal questions and relating to their own lives. 10/10

The two men, Dan and Jamey, that my mom and I worked with...

joannabeth2113
CARS
3-7-2020
Full Star Full Star Full Star Full Star Full Star

The two men, Dan and Jamey, that my mom and I worked with were great! They kept us laughing and made car buying fun! They also kept us talking by asking personal questions and relating to their own lives. 10/10

C Quinlan
C Quinlan
GOOGLE
3-3-2020
Full Star Full Star Full Star Full Star Full Star

I purchased a Sienna in 2017 and leased a Tacoma in 2020. Bob Watterson helped my wife and I with both vehicles. He was knowledgeable and fantastic to work with! There was no pressure and we felt that we received a fair deal. We would highly recommend and will be return customers. Their service department is also very helpful.

Ella Thorn
Ella Thorn
GOOGLE
3-3-2020
Full Star Full Star Full Star Full Star Full Star

Thanks Andrew for getting me in and out this am . I have had great service here and will be buying my next Toyota here!

"I purchased a Sienna in 2017 and leased a Tacoma in 2020...."

jcquinlan1
DEALERRATER
3-2-2020
Full Star Full Star Full Star Full Star Full Star

I purchased a Sienna in 2017 and leased a Tacoma in 2020. Bob Watterson helped my wife and I with both vehicles. He was knowledgeable and fantastic to work with! There was no pressure and we felt that we received a fair deal. We would highly recommend and will be return customers. Their service department is also very helpful.

I purchased a Sienna in 2017 and leased a Tacoma in 2020....

jcquinlan1
CARS
3-2-2020
Full Star Full Star Full Star Full Star Full Star

I purchased a Sienna in 2017 and leased a Tacoma in 2020. Bob Watterson helped my wife and I with both vehicles. He was knowledgeable and fantastic to work with! There was no pressure and we felt that we received a fair deal. We would highly recommend and will be return customers. Their service department is also very helpful.

tammy harmel
tammy harmel
GOOGLE
3-1-2020
Full Star Full Star Full Star Full Star Full Star

Thank you Bobby! You are a hard working guy. Ronnie and I appreciate all of your help with buying our new truck and dealing with our sarcasm!

Bruce Hall
Bruce Hall
GOOGLE
3-1-2020
Full Star Full Star Full Star Full Star Full Star

"Thank you Bob for all of your help. We would definitely..."

tammyharmel
DEALERRATER
3-1-2020
Full Star Full Star Full Star Full Star Full Star

Thank you Bob for all of your help. We would definitely recommend Summit to anyone vehicle shopping. Great experience- we love our new truck. Tammy and Ron Cunningham

Thank you Bob for all of your help. We would definitely...

tammyharmel
CARS
3-1-2020
Full Star Full Star Full Star Full Star Full Star

Thank you Bob for all of your help. We would definitely recommend Summit to anyone vehicle shopping. Great experience- we love our new truck. Tammy and Ron Cunningham

"First came to this dealership in 2003 or 2004. Just got..."

kirknmaria
DEALERRATER
2-29-2020
Full Star Full Star Full Star Full Star Full Star

First came to this dealership in 2003 or 2004. Just got my 6th leased vehicle. Bob always works to get me into a vehicle with a reasonable and affordable payment. Much appreciated.

"Dan was very professional, his no nonsense style very..."

bigadventure
DEALERRATER
2-29-2020
Full Star Full Star Full Star Full Star Full Star

Dan was very professional, his no nonsense style very refreshing. He truly wants you to get what you want, at a great price. I thought there would be game playing like at other dealers, but he didn’t play games. I don’t trust car salesmen, but after working this deal with him, I have a new opinion of car salesmen. Thank you Dan

Dan was very professional, his no nonsense style very...

bigadventure
CARS
2-29-2020
Full Star Full Star Full Star Full Star Full Star

Dan was very professional, his no nonsense style very refreshing. He truly wants you to get what you want, at a great price. I thought there would be game playing like at other dealers, but he didn't play games. I don't trust car salesmen, but after working this deal with him, I have a new opinion of car salesmen. Thank you Dan

First came to this dealership in 2003 or 2004. Just got...

kirknmaria
CARS
2-29-2020
Full Star Full Star Full Star Full Star Full Star

First came to this dealership in 2003 or 2004. Just got my 6th leased vehicle. Bob always works to get me into a vehicle with a reasonable and affordable payment. Much appreciated.

"Dan was great to work with! He helped us find and build..."

Rasmucker
DEALERRATER
2-28-2020
Full Star Full Star Full Star Full Star Full Star

Dan was great to work with! He helped us find and build the 4Runner we dreamed of. we was quick with responses to any questions we had. We are super excited for our new car.

Dan was great to work with! He helped us find and build...

Rasmucker
CARS
2-27-2020
Full Star Full Star Full Star Full Star Full Star

Dan was great to work with! He helped us find and build the 4Runner we dreamed of. we was quick with responses to any questions we had. We are super excited for our new car.

Jerry Cohen
Jerry Cohen
GOOGLE
2-17-2020
Full Star Full Star Full Star Full Star Full Star
Jeffrey Brown
Jeffrey Brown
GOOGLE
2-17-2020
Full Star Full Star Full Star Full Star Full Star

Honest, easy process. Ian Pfleiderer is a great salesman.

Alan Waddingham
Alan Waddingham
GOOGLE
2-15-2020
Full Star Full Star Full Star Full Star Empty Star

Dave was very knowledgeable and not a pushy sale-person.

Doris Dees
Doris Dees
GOOGLE
2-15-2020
Full Star Full Star Full Star Full Star Full Star
Steven Goetz
Steven Goetz
GOOGLE
2-15-2020
Full Star Full Star Full Star Full Star Full Star

John h was great to work with. no pressure and honest. great experience

Great help! Less painful than expected!

Ryan2142
CARS
2-12-2020
Full Star Full Star Full Star Full Star Full Star

I had been looking at vehicle options for months now, either lease or to purchase. Recently my vehicle gave me no choice but to find an alternative..and quick! I'm a busy professional, so time was essential. I spotted a deal online from a different Toyota Dealership, but as this was a Saturday at 5:20 PM, that one was closed, while Summit Toyota was open until 6. I hurried over and they were able to work with that deal. It was such a deal, they were able to "up-sell" me easily without me feeling bad about it in the least, and in fact the additional features are well worth the additional cost. John stayed with me and helped me through the process as a first time lessee, staying well past closing time to assist. John and his manager were also able to help so that I could leave with the vehicle and come back to finish the paperwork on the following Tuesday. I'm sure they were happy to close the sale, but they were also doing me a favor. Excited to drive around in my first brand new vehicle, a 2020 Tacoma!

"Great help! Less painful than expected!"

Ryan2142
DEALERRATER
2-12-2020
Full Star Full Star Full Star Full Star Full Star

I had been looking at vehicle options for months now, either lease or to purchase. Recently my vehicle gave me no choice but to find an alternative..and quick! I'm a busy professional, so time was essential. I spotted a deal online from a different Toyota Dealership, but as this was a Saturday at 5:20 PM, that one was closed, while Summit Toyota was open until 6. I hurried over and they were able to work with that deal. It was such a deal, they were able to "up-sell" me easily without me feeling bad about it in the least, and in fact the additional features are well worth the additional cost. John stayed with me and helped me through the process as a first time lessee, staying well past closing time to assist. John and his manager were also able to help so that I could leave with the vehicle and come back to finish the paperwork on the following Tuesday. I'm sure they were happy to close the sale, but they were also doing me a favor. Excited to drive around in my first brand new vehicle, a 2020 Tacoma!

Alex Markovic
Alex Markovic
GOOGLE
2-11-2020
Full Star Full Star Full Star Full Star Full Star
Hannah Wagner
Hannah Wagner
GOOGLE
2-11-2020
Full Star Full Star Full Star Full Star Full Star

Dan was amazing. He made everything super easy and stress...

Rae.white85
CARS
2-10-2020
Full Star Full Star Full Star Full Star Full Star

Dan was amazing. He made everything super easy and stress free! I left happy and will definitely recommend to anyone looking to come here for a new car!

"Dan was amazing. He made everything super easy and stress..."

Rae.white85
DEALERRATER
2-10-2020
Full Star Full Star Full Star Full Star Full Star

Dan was amazing. He made everything super easy and stress free! I left happy and will definitely recommend to anyone looking to come here for a new car!

Jessica Patterson
Jessica Patterson
GOOGLE
2-8-2020
Full Star Full Star Full Star Full Star Full Star
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