Here's the deal, when it comes to special finance rates or taking the rebate, take the rebate UNLESS you are going to keep the car for the entire finance term. You will ONLY save money that way. Especially right now, there is a 3500 rebate on all 2008 Mazda RX-8's, OR you take the 0% for 36 OR take the 1.9% for 60. Also, most states take out taxes BEFORE the rebate is applied. So if a dealer tells you a sales price of 25,000, add 3,500 to that, add local sales tax, then subtract the 3,500 to get your drive out. Depending on titling fees, warranty rights fees, and dealership document fees, you will be within a few hundred bucks. I will do another thread on how credit works next.

 

Pretty fair assessment. It is worth your money to have a similar or even slightly higher payment with a higher rate and lower price then Vice Versa.

Such as...

If you payment at 1.9% is $425 I would recommend instead taking the rebate if you can get a payment under $440. The reason being that you are less upsidedown, and you will benefit more from overpayment. In most circumstances, you will end up paying less.