Car Rebate vs. Financing Comparison Calculator
This calculator figures which auto dealer incentive is the best value - rebate or special financing.
Rebate Vs. Special Dealer Financing
Buying a car whether used or new is a very exciting experience but it involves a lot of decision-making process for an individual. You have to decide which car to buy, finding out the best deal, what financing method to take and to add to the mix, you have to choose whether to take rebate or special financing incentive.
In purchasing a car, dealers offer two incentives: Rebates and special financing. Only very few dealers offer a combined incentive in a single purchase. A rebate is an amount of money that will be returned to you immediately after purchasing a car or any other product. For a rebate offer, the price of the product will not be lowered but they will return a portion of your purchase money. There is no eligibility or restrictions for this type of incentive. Whereas for special financing which is sometimes called zero financing, the financing company gives a special interest discount to qualified customers. Whatever incentive you want take; our ultimate aim is to find the best deal that gives us the best value for our money. If you are confused on what incentive to take, use the rebate vs. financing comparison calculator and find out which option saves you money.
Which Is Better?
Making a decision between rebates and special financing is sometimes very confusing. This process involves a lot of number crunching. The smartest choice is picking the best incentive that saves you a lot of money. Before you calculate, let’s take a look of the other factors that you need to consider before making a decision.
Getting The Best Deal
It is very confusing which incentive to choose if you qualify for both rebates and special financing. Do not take into account the incentives when closing the deal. Remember, you must close the deal first before deciding whether to take rebate or special financing to get the most of your money. A rebate is an incentive from the manufacturer and not from the dealer so you should not mix both during the negotiation. Weigh all your options first and decide what is truly the best option for you and your family. Find out which option gives the best value for you money using the rebates vs. financing comparison calculator.
Rebates Vs. Financing Comparison Calculator
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