Advertisements for new vehicles often off er low APRs for dealer-arranged loans. A cash rebate of $1000
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Advertisements for new vehicles often off er low APRs for dealer-arranged loans. A cash rebate of
$1000 to $3000 (or more) off the price of the car may be off ered as an alternative to the low interest rate. If you intend to pay cash, then the cash rebate obviously represents the better deal. But which alternative is better when you can arrange your own fi nancing?
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