Cash Back vs Low Interest Calculator
Compare cash back offers vs low interest financing to find the best deal
đ Cash Back vs Low Interest
đ Comparison Results
đ° With Cash Back Offer
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đ Understanding Your Options
Cash Rebate
A vehicle cash rebate is an additional deduction on the purchase price of a car. The amounts generally range between a few hundred to a few thousand dollars.
Low-Interest Financing
When car buyers receive more favorable interest rates than usual on their car purchases, this is called low-interest financing. A lower rate means less interest paid over the life of the loan.
Which to Choose?
Both options reduce the total cost of owning a car. Generally, it comes down to which amount is higher: the rebate amount or the total interest saved from the low rate.