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Bingo! Plus early payoff bonus.... Posted by Mike Lynch [Email] (#81) [Profile/Gallery] (more from Mike Lynch) on Wed, 8 Sep 2004 11:20:11 In Reply to: Thanks Mike..., Chad, Wed, 8 Sep 2004 10:50:54 Members do not see ads below this line. - Help Keep This Site Online - Signup |
Your finance balance should be over $3,000 less 'cause the incentive can be used pre tax, taken off the price before sales tax as charged. Typically loans don't run full term so now if you do pay off early you'll get an interest refund in addition to the $3k your already got. With a low rate or a 0% rate there's no early payoff benefit.
I coulda' made it easy, but the reason the incentive is pre tax is because it's a private, not public, incentive to the dealer.
Glad their straight with you.
posted by 63.197.222...
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