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re: How much was your biggest car note?
Posted on 6/21/20 at 5:30 pm to hendersonshands
Posted on 6/21/20 at 5:30 pm to hendersonshands
Rarely is the 0% interest better than the rebates offered.
Better to take the rebates and the 2% interest from your bank
Better to take the rebates and the 2% interest from your bank
2
Posted on 6/21/20 at 5:38 pm to BACONisMEATcandy
quote:
Rarely is the 0% interest better than the rebates offered.
I agree but in this case it actually was. My wife's car is financed at 1.8% interest.
Posted on 6/21/20 at 5:41 pm to BACONisMEATcandy
quote:
Rarely is the 0% interest better than the rebates offered.
Better to take the rebates and the 2% interest from your bank
You may be smart but you’re a really bad negotiator if you’re not recouping +50% of those rebates with the 0%.
I recently bought a truck with 0%. They said $4500 rebates or 0%. Got $4,000 and the 0%. I’ve done similar on 2 other vehicles.
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