Car Buying - Rebate or Low Interest Loan

Which offer is better, the cash rebate or the low-interest loan?

Purchase Price $
Down Payment $
Interest Rate
(Normal)
%
Term of Loan
(in months)
Interest Rate
(Low-rate offer)
%
Cash Back Offer $
(results appear below)

When you buy a car, dealers will sometimes offer a choice between a cash rebate and a low interest loan.

This calculator will compare the two offers.