Home >> Personal Finance >> Rebate or Lower Interest Rate?
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Cash Rebate or Lower Interest Rate?Cash Rebate or Lower Interest Rate Calculator will help you make a decision whether to choose cash rebate or lower interest rate when you purchase your new car |
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| Negotiated Vehicle Price | $ |
| Downpayment | $ |
| Car Loan Length | months |
| Rebate Amount | $ |
| Interest Rate w/ Rebate | % |
| Interest Rate w/o Rebate | % |
For given car price, amount of down payment, loan and rebate details, this calculator calculates which option will be less costly over the lifetime of the loan - receiving cash rebate or paying low rate on the car loan.
This calculator does not account for a potential early payoff of the loan. With early payoffs, the results of that calculator may not hold.
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