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Car Buying - Rebate or Low Interest Loan

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

Purchase Price
$
Down Payment
$
Normal Interest Rate
%
Term of Loan
(In Months)
Low-Interest Rate Offer
%
Cash-Back Offer
$
(results appear below)
When you buy a car, dealers will sometimes offer a cash rebate.

Other times, they will offer a low interest rate loan.

This calculator compares the two offers.

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