Dealer vs. Credit Union Financing Calculator
We’re sure you have seen all the low rates the auto dealers have been offering if you finance your new vehicle with them. Is this the best deal for you or the best deal for the dealer?
Most of the time the dealer is offering a cash rebate or a low interest rate. If you were to take the rebate, apply it to the cost of the vehicle and borrow the rest of the money from us, chances are your payment would be lower and you would save interest as well.
1. Enter the Cost of Vehicle.
2. Enter the optional Rebate amounts.
3. Enter the Interest Rates.
4. Enter the Months.
4. Click Perform Calculation to see the differences.
| Credit Union | Dealer | |||
|---|---|---|---|---|
| Cost of Vehicle: | ||||
| Rebate: | ||||
| Interest Rate: | ||||
| Months: | ||||
| Payment Amount: | ||||
| Monthly Savings: | ||||
| Total Savings: | ||||
The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.