Rebates are almost always more cost effective than the 0percent APR loan offered on automobile loans.

Question

Quizplus · Accepted Answer

Rebates provide a direct reduction in the purchase price of the vehicle, which can ultimately result in lower overall costs compared to financing through a 0% APR loan. While a 0% APR loan may seem attractive, it often comes with hidden fees and may require a higher purchase price. Additionally, with a rebate, the buyer owns the car outright, while with a loan, the lender maintains a lien on the vehicle until it is fully paid off.

Rebates Are Almost Always More Cost Effective Than the 0percent