Tax Season Car Sales for Lexus in Santa Fe Area

Lexus income tax season car deals in Santa Fe area

Check Out Our Santa Fe Tax Season Car Deals for Lexus

The United States’ tax season is definitely an intelligent time of the year to purchase a new or pre-owned car. Clever car hunters can generally leverage a significant tax return towards a purchase or down payment. Find our Lexus income tax season car deals in the Santa Fe area today.


  • Federal Income Tax Benefit to Purchase a Vehicle

  • The Internal Revenue Service allows you to deduct sales tax for the purchase on Form 1040, Schedule A. If you decide not to itemize, you can’t deduct sales tax. You are allowed to deduct this tax whether you purchase from a dealer or private party.

    Disclaimer. Consult a federal tax professional before claiming deductions on your tax return.



  • Can You Deduct a New Car or Truck from State Taxes?

  • Yes, you can certainly deduct the tax whether charged on a used or new car or truck. You can only deduct the sales tax that is equal to what was paid when you purchased the car or truck by adding it to the Sales Tax Table amount for your state, and the vehicle registration fees that you paid, if your state bases the fee upon the value of your car. Furthermore, those expenses are deductible only if you itemize. In the case of sales tax, it needs to be higher than the state income tax that you paid.

Why Offer Tax Season Car Deals

It’s a Great Time to Lease or Buy a New Lexus in the Santa Fe Area

If by chance you happened to miss our Lexus Year End or Presidents’ Day Sales Events, don’t fret, our next sale is just around the corner. We feature fantastic car deals throughout the US income tax season. View our inventory or incentives to find the Santa Fe Lexus deal you’ve been hoping for. Our expert Lexus specialists are ready and waiting to assist you in finding the right deal at just the right price.

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575-489-2400

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6824 Cerrillos Road • Santa Fe, NM 87507

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Lexus of Santa Fe 35.623, -106.02728.