When buying a car, you may be faced with either a cash back incentive or lower interest rate. This calculator outlines the total amount you’ll pay with either option, comparing total savings. .
Enter the price, down payment, loan term, and interest rate (not the low offer rate) for the car you’re hoping to buy. You’ll also be given options to enter a trade in value. When done, you’ll see which offer saves you more money, the predicted loan amount, and how much you could save.
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