Car Loan Rebate Calculator

 

These calculators will help you to decide whether or not you should take a manufacturer or dealer rebate with the standard interest rate, or if you should go with a special dealer financing program offering a zero interet rate or low interest rate at the normal MSRP.

Differences between the two calculators are displayed in a table below the calculators.

Vehicle Price & Loan Info

Car purchase price:
Down payment amount:
Loan term (months):

Financing Options

Rebate

Low Interest

Interest rate:
Cash rebate amount:
Rebate will be:
Your savings interest rate:
Your combined state and federal tax rate:

Your Results

Rebate

Low Interest

Loan Amount
Interest Paid
Interest Earned
Income Taxes on Earned Interest
Interest Earned After Income Taxes
Net Total Financing Cost

Description

Rebate

Low Interest

Cost of vehicle:
Rebate:
Interest rate:
Number of months:

Your Results

Rebate

Low Interest

Amount financed:
Monthly payment:
Interest savings per month:
Total interest savings:

Calculation Differences

Calculator First Second
Loan Duration must be the same can vary
Vehicle Price must be the same can vary
Rebate applied against loan OR can be invested in savings applied against loan
Results shows financial totals shows both financial totals and monthly outlays

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