For Many, Tax Refunds Will Go to Fixing Winter Car Damage
NEW YORK (TheStreet) -- What a winter it was for Americans living (mostly) above the Mason-Dixon line.
Snow, sleet, wind and freezing temperatures took their toll on the nation and, worse, carried a serious case of sticker shock from vehicle damage.
Ebay Motors emphasizes that with a new report saying 34% of Americans are using $1,000 worth of their tax refunds to fix winter-related vehicle damage.
Most of that tax refund cash is going toward wheels and tire fixes (54%), brakes (36%) and batteries (20%).According to eBay, more than half of all survey respondents who say they are plowing tax refund money into car repairs and maintenance live in the Midwest and Northeast areas particularly hard hit by the hard winter.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV