THE DEFINITION OF A REBATE:
Noun, a lowering of a price.
SYNONYMS: abatement,
deduction, discount, markdown
WHAT IS A
LEASING REBATE ?
A LEASING REBATE IS A DISCOUNT
THAT IS ONLY VALID FOR THE PEOPLE
WHO ARE LEASING A NEW VEHICLE.
THERE ARE MANY
DIFFERENT REBATE AMOUNTS
DEPENDING ON HOW YOU
PAY FOR THE VEHICLE
EXAMPLE:
HOW YOU PAY
FOR THE VEHICLE |
REBATE
AMOUNT |
|
CASH |
$1000 |
FINANCE with the MANUFACTURER |
$2000 |
LEASE |
$1500 |
LOW A.P.R. FINANCE
with the Manufacturer |
$500 |
IN THIS CASE THE
LEASE REBATE IS $1500
THE REASON REBATE AMOUNTS
ARE DIFFERENT DEPENDS ON
HOW YOU PAY FOR THE VEHICLE
AS EXPLAINED IN “RETAIL REBATES”
YOU NEED TO BE AWARE OF THE
DIFFERENT AMOUNTS OF REBATES
IN ORDER TO USE THE
SIX CALCULATORS CORRECTLY.