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Discount Financing vs. Rebate & Financing

 

Manufacturers often promote specials where you can choose between low interest rates or cash rebates.

To compare Discount Financing and Rebate & Financing, enter the cash price (excluding the rebate), the sales tax in effect in your province, the cash rebate amount, the down payment amount, the loan term (e.g. number of payments), and the manufacturers discount interest rate in the appropriate boxes. Click on Calculate to see the difference between these two options.

  Discount Financing Rebate & Financing
Cash Price $  
Sales Tax
(GST + PST %)
   
Total    
Rebate   $
Down Payment $  
Loan Amount Required    
Loan Term (Months)  
Discount Interest Rate (%/yr) %  
Regular Interest Rate (%/yr)   %

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11/21/2009 17:15:36