Car Rebate vs. Financing Comparison Calculator
This calculator figures which auto dealer incentive is the best value - rebate or special financing.
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Car Rebate Vs. Financing: Which Option Is Better?
How do you get the best deal when buying a car?
Sometimes it’s difficult to compare the various dealer incentives – especially when it comes to car rebates and special financing offers.
This Car Rebate vs. Financing Comparison Calculator makes the math easy so you can focus on negotiating – not calculating. This calculator will show you quickly and easily which dealer incentive is the best value by showing you how much you’ll save.
Below is more information about car rebates vs. special financing offers to help you make the right decision.
Car Rebates And Special Financing Basics
Buying a car can be exciting. Unfortunately, it can also be stressful.
A lot of decisions are required including which car to buy, how to find the best deal, how to finance the purchase, and which special dealer incentive you should take.
Car dealers commonly offer two incentives: rebates and special financing. Usually, you must choose between the two. Rarely, will a dealer be willing to combine both incentives into 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). Rebate offers don’t lower the purchase price, but instead, they return cash back in your pocket. There are usually no eligibility requirements or restrictions for this type of incentive. You simply purchase the product and receive the rebate.
Special financing incentives work differently. The financing company gives a special interest discount to qualified customers lowering your monthly payments and the total purchase cost of your car.
Your goal is to figure out which incentive delivers the greatest value, and that is where the car rebate vs. financing comparison calculator can help. It will take care of the complicated math and tell you which option saves you the most money.
Before you make a final purchase decision consider the following additional factors when comparing incentives:
The Car Rebate vs. Financing Comparison Calculator makes deciding between rebates and financing much easier. But remember to take into account the other important considerations above.
Use common sense, don’t make an impulse decision, ensure you’re getting the best deal, and buy the car that’s going to suit your needs regardless of the incentive.
In the end, you have to be happy with what you are driving. Don’t allow a dealer incentive to carry excess sway over your decision.
Car Rebate Vs. Financing Comparison Calculator Terms & Definitions
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