Infiniti Rebates or Incentives? Which is the Better Deal?
Infiniti Rebates or Incentives? Which is the Better Deal
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Both car rebates and incentive APRs on dealership financing are available at Washington DC Infiniti, but how do you know which option is the better deal? Both a rebate and an APR incentive will reduce the cost of buying a car.
Infiniti Car Buying Rebates
If you can't qualify for a 0% or low interest APR incentive on Infiniti dealership financing, you should look for a rebate. Rebates are generally provided on specific cars, or if you pay for your Infiniti with cash or a loan obtained from another source outside of the dealership. When you purchase the Infiniti, the rebate is then given to the buyer. If you have a loan, you can reduce the amount you owe by applying it directly to your loan.
Infiniti Incentive APRs
Dealerships regularly offer incentive APRs to qualified buyers. Eligibility for incentive APRs is generally based on credit scores and credit histories. You might qualify for a 0% financing loan, or a very low interest rate which will reduce the total cost of your Infiniti a lot over the course of the loan.
Is an Incentive APR or Rebate Better?.
If you are eligible for both an incentive APR and a rebate, and you can only choose one option you'll want to decide which one saves you the most money. Figure out the difference in interest savings if you go with the incentive APR compared to the amount of the rebate to determine which one is the better deal. If you can't qualify for an incentive APR due to credit troubles, you can look for an Infiniti with a rebate.