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>> Over time, you will find it is a much better deal to take the financing at 1.9% than the $1000-$1500 rebate the dealer offers. <<

I have to disagree with you and side with TMF2Aruba on this one. It just ain't so.

You need to compute the APR the same way you would when comparing mortage rates (when loan origination fees are figured in).

To fairly compare interest rates, you MUST figure in the $1500 extra you'll pay for your car if you take the 1.9% financing. Treat it as interest over the life of the loan. Your 1.9% financing suddenly becomes an astronomical APR (sometimes as high as 15%)!!

I don't have time now, but later I'll run some numbers for you as an example.

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