Rebates


Story Comments Share

Updated: 3/28/2003 12:53 pm Published: 3/28/2003 12:53 pm


A rebate is a manufacturer's incentive program designed to increase the sales of slow-selling cars or to reduce the inventories of a particular model. It is like a manufacturer's coupon passed on to the buyer, and can take different forms. The first is a reduction in the sticker price by the amount of the rebate. The second is a direct cash-back incentive where you receive a check for the amount of the rebate, typically several hundred dollars, within a few weeks of your new-car purchase. A final option is financing at a lower rate, for example, 2.9% for 24 or 36 months. Some national rebates may exclude certain regions, depending on how well a model is selling in the area. A dealership may also add its own incentives to these offers. Rebates are often very competitive and tend to increase closer to the time of the new-model arrivals. You may want to check the expiration dates on all rebates as the manufacturer might wait a few weeks or even a few months before offering them again.

©2006 Crossroads Mobile. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


Story Comments Share

FOX23 Weather Center
75°
Feels Like: 75°
High: 85° | Low: 49°
Partly Cloudy

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.