Rebate vs. Low APR

Auto Rebate vs. Low Interest

Dealers often force a choice: take a cash rebate at normal financing, or take a promotional low APR with no rebate. See which saves you more.

Vehicle price ($)

Down payment ($)

Rebate amount ($)

Low promotional APR (%)

Normal APR (with rebate) (%)

Loan term (months)

Better option

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Rebate path — monthly pmt

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Rebate path — total cost

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Low APR path — monthly pmt

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Low APR path — total cost

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Savings with better option

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Low APRs usually require excellent credit and may not apply to every trim/model. Rebates are applied up front and reduce the amount financed.