Examining car rebates and incentive financing.
by ERIC SOTIUSO
Car rebates or low �Ccost financing are incentives that are normally offered on car models that a slow selling. They are also used to clear out overstocked or old inventory. Most of the time the specials are offered by the car manufacturer and last anywhere from two to four months in length.
These special incentives are normally advertised in most all media forms, whether it be T.V., newspaper, or radio and internet. Therefore, if you are in the market for a new vehicle, keep your ears and eyes open because these incentives can definitely help reduce the overall cost of your car.
These special buyer��s incentives normally come in the form of an up front rebate or low-cost financing. The car buyer has to determine what will be the better choice between the two. Working through the numbers is fairly straight forward. The choice is made based on the total cost of the car at the end of the financing package. Does the low-cost financing present a better overall total picture or does the rebate on price with current market rate financing deliver a better deal?
Just remember to check all of your media sources when doing your car shopping and always ask the dealer about specials.
For more information, please visit Chicagolandauto.com http://www.chicagolandauto.com.