Which Saves More Money: Nissan Rebates or Incentive Pricing?
Which Saves More Money: Nissan Rebates or Incentive Pricing
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Massachusetts Nissan offers both Nissan rebates and incentive APRs on dealership financing from time to time. Is one option a better deal than the other? Can you save more money with a rebate or an incentive APR?
Nissan Incentive APRs
Our Nissan dealership offers incentive APRs like 0% financing or very low interest financing to credit qualified borrowers regularly. You do need a strong credit score to be eligible for incentive APRs. The lower the interest rate, the less you pay over the course of the loan. In most cases, a no interest or low interest APR is going to save you the most money on Nissan financing when compared to a rebate offer.
Nissan Rebates
Many people are not eligible for 0% interest financing or other incentive APR pricing. If you don't qualify for this type of Nissan dealership financing deal, you should look for any available rebate. Rebates are often provided toward the purchase of specific cars. When you make the purchase, you're given cash back in the form of a rebate. You can apply the amount directly to the price of the car or take it as a cash payment.
Choosing Incentive APR or Rebate Offers
In some cases you may find you are eligible for both an incentive APR on your dealership financing and a rebate offer. If you aren't allowed to take both on the same purchase, calculate how much you save on interest payments over the years if you were to go with the incentive APR offer versus how much the rebate is worth to determine which offer is the better financial deal.