One of the major hurdles for potential car buyers is the downpayment. With a sizable tax refund, the average American would have a sizeable or partial downpayment depending on which region or market you live in. The estimated average tax refund is expected to be $2,840 for most Americans this year, which is slightly down from $2,895 last year. Some of the main recommendations on what to do if you receive a tax return are save, invest, splurge, pay down debt, donate or fund a business idea. The younger generation is working to overcome debt, lack of savings and rising Interest prices.