Low APR vs. Cash Back Calculator

Compare different incentives types to discover which one can save you the most money.

Calculate the best incentive for you

To see the average interest rate in your state, visit our interactive Car Loan Rates in the U.S. for Used and New Cars page.

Location

Zip Code

(for rates and pricing in Columbus, OH)

Vehicle Costs

Look up the vehicle you’d like to buy or enter the price below

Vehicle Sales Price^{The selling price of the new or used vehicle for monthly loan payment calculation.}

(with typical options)

Sales tax rate^{Estimated sales tax rate for the selected zip code applied to the sales price.}

(by state)

Sale tax amount:

Title and registration^{Add title and registration here to include them in your estimated monthly payment.}

Incentives, Rebates and Financing

Customer Cash Incentives^{Available incentives and rebates included in the monthly payment estimate.}

Loan term

(months)

Promotional APR^{Available promotional interest rate replacing the market interest rate.}

(This is the incentive rate that will be used to calculate the Low APR option)

Market finance rate^{Generally available financing interest rate for the estimated loan payment.}

(This rate will be used to calculate the cash back option)

Trade-In and Down Payment

Enter the details of your Trade-in to receive the most accurate calculation.

Value of Your Trade-in^{The value of your currently owned vehicle credited towards the purchase or lease of the vehicle you
are acquiring. If you select a vehicle using the "Value your trade-in" button, the value displayed in the
calculator will be the Edmunds.com True Market Value trade-in price for a typically-equipped vehicle,
assuming accumulated mileage of 15,000 miles per year.}

Amount Owed on Your Trade-in^{The remaining balance on a loan for your trade-in will be deducted from the trade-in value.}

Cash Down Payment^{The cash down payment will reduce the financed loan amount.}