Rebate or Financing

Big Cash
or Small Financing?

Should you take the big factory rebate or financing at low 0%, 1.9%, etc. APR's?

Sometimes it can get a little confusing as to which option saves you more money in the long run.

This calculator eliminates that confusion and can show you how to save thousands by making the right financial decision.

A quick point...The length of time you plan to own the car should weigh heavily on your decision.

If you only plan to keep the car only a couple of years, then the factory rebate is oftentimes your best bet.

And just the opposite is true if you plan to keep your car for many years, then the special financing may be the better option.

Lastly, shorter finance terms will usually lead to the factory rebate saving more money, but use the calculator to check for yourself.

Rebate or Special Financing Comparison
This rebate or special financing calculator will help you to decide whether or not you should take the cash rebate (to either invest or to use as additional down payment), or if you should go with the special factory financing.

Special finance rate:
Regular finance rate:
Cash rebate amount:
Your savings account interest rate:
Car purchase price:
Down payment amount:
Loan term (months):
Your combined state and federal tax rate:
Rebate will be:
is the better deal, saving you:

Return from Rebate or Financing to Auto Loans

Return to Insider Car Buying Tips home

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