The ABC's of Automobile Rebates

2007-03-08 10:33:40

( Automobiles )



Automobile rebates can save you a considerable amount of money when purchasing a new car. Automobile rebates are now bigger and better than they have ever been but so is the confusion and misconception about them.

Automobile rebates are incentives from the car manufacturer in the form of free cash, usually offered as a lure to entice buyers to choose a particular car brand or model. These rebates are an entirely different matter from dealership discounts. As a buyer, you must not be misled by unscrupulous car salesmen into believing that automobile rebates are part of the car dealer's discount. Automobile rebates are incentives from the car manufacturer while dealership discounts are the car dealer's incentive which come in the form of the negotiated selling price. In most regions, the rebate goes to the down payment but the laws regarding rebates vary depending on your location. Be sure to ask your car dealer or salesman on local laws concerning rebates.

You also have the option to forgo receiving the cash and channel your automobile rebates to your down payment. This is a good choice if you plan to finance the purchase of a new car and don't have enough cash.. The rebate is oftentimes substantial enough to cover the total down payment and can save you a considerable amount on financing costs.

Simply put, automobile rebates are the sum total of all car treats available to a car consumer. But before rushing to your car dealer, consider these simple guidelines to help you snag the best automobile rebates deals.

1. Get all the facts. Don't believe everything the car salesman or car dealer tells you. You can contact your car manufacturer, check online or read a reputable car magazine to keep you informed on the latest automobile rebates.

2. Look for what you want in a car. Don't go randomly hunting for automobile
rebates. If you have made up your mind on the kind of car or cars you really want, don't change your mind just because automobile rebates are offered on other cars. Rebates vary depending on the body style, class and make of each car. So find out what rebates you can get from the kind of cars you want.

3. Be mindful of claims. Manufacturers sometimes offer attractive rebates on cars of inferior quality and class just to sell them out. Do not be enticed into buying a particular car you don't really want or need, or a car you know isn't good enough, even if it offers the best automobile rebates.

Finally, Chrysler rebates, nextel rebates, gas rebate card, circuit city rebate, computer rebates or Toshiba rebate, do not be fooled into believing everything you hear. Weigh your options carefully and talk with a trusted car manufacturer or salesman who can sort out the facts for you.


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