Most of us have heard of the common form of incentive called "Cash Back." This is when the automaker offers cash directly to the car buyer when they purchase before a specified date. Often, these types of rebates mean that the car in question is not selling particularly well. Cash back rebates range from
Manufacturers provide customer cash rebates directly to the car buyer in order to reduce the price of a new car. Customers often use this "bonus cash" as part of their down payment towards the purchase of a new car at the time of purchase. Some new cars, trucks and SUVs will offer you both a cash rebate and low interest rates when you finance through the automaker. However, most of the time, unless specified to the contrary, you will have to choose between these two offers. You'll want to look at both the cash rebate amount as well as how much you might save with the low interest loan and see which saves you the most money.