Given the choice,it is almost always better to accept a rebate rather than 0 percent APR on an auto loan.

Name: Given the choice,it is almost always better to accept a rebate rather than 0 percent APR on an auto loan.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Accepting a rebate reduces the total cost of the car, while a 0 percent APR does not lower the total cost of the car. Additionally, a higher interest rate on the loan may end up costing more in the long run than the amount of the rebate.

Given the Choice,it Is Almost Always Better to Accept a Rebate