In today's low-interest economic environment, many car dealerships have started to offer very low or zero percent financing on the vehicles they sell. Most car buyers can't resist
the appeal of an interest-free loan, so they waive the manufacturer's rebate and finance their purchase with the auto dealer. However, there are many cases in which this decision
ends up saving the buyer much less than he or she could have saved by taking the rebate, and financing their vehicle purchase with an auto loan from a bank.
Use the calculator below to determine whether taking the manufacturer's rebate or the dealer's promotional financing rate on your new car purchase will save you more money!