Rebates are often more cost-effective than the 0% annual percentage rate (APR) loans offered on automobile loans.

Question

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Rebates can provide an upfront reduction in the purchase price, while 0% APR loans still require the borrower to pay the full amount of the vehicle over time. Therefore, depending on the size of the rebate and the length of the loan term, a rebate can be more cost-effective in the long run.

Rebates Are Often More Cost-Effective Than the 0% Annual Percentage