QOTD #47: Should you buy a newer car with your tax refund?

The federal government has begun accepting tax returns for 2013. If you overpaid taxes on your weekly paychecks or are elligible to receive a tax refund, you could have a nice chunk of change to apply toward a newer car. That seems to be a popular way to replace a worn out car in February or March. But is it the best way to use your tax refund? Keith Griffin of About.com says it “sounds like a good idea but it may not be.” Check out his article “Use Your Tax Refund to Buy a Used Car” and decide for yourself.