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Calculate the Value of Incentive Financing

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Old Dec 14, 2008 | 11:17 AM
  #1  
Stevenem's Avatar
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Calculate the Value of Incentive Financing

For those that were trying to figure out the cashback vs 0% financing for an EVO, I have uploaded my spreadsheet to google docs.

http://spreadsheets.google.com/ccc?k...1vYHHHPw&hl=en

Just enter your assumed data in the yellow boxes and watch the blue boxes!

Send questions/comments/suggestions to me.
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Old Dec 14, 2008 | 03:23 PM
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What cashback is currently being offered? Besides the military/loyalty rebates that aren't really cash back.
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Old Dec 14, 2008 | 03:36 PM
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In Canada they are offering cashback... Not here. But if they did, this would work for that...

Since cashback isn't offered here, it just provides a nice idea of how good of a deal the financing is...
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Old Dec 14, 2008 | 04:09 PM
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Oh, sorry, thought you meant for the US market.
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Old Dec 14, 2008 | 04:30 PM
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I was offered zero percent and received cash back because I was a recent college grad and a current mitsu owner. I gave in a copy of my diploma and a copy of the title to my eclipse GSX and was given 1000 cash back. I bought my car at the end of september.
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Old Dec 14, 2008 | 04:40 PM
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From: Central NJ
Originally Posted by BigT
I was offered zero percent and received cash back because I was a recent college grad and a current mitsu owner. I gave in a copy of my diploma and a copy of the title to my eclipse GSX and was given 1000 cash back. I bought my car at the end of september.
What dealer gave you the college grad rebate in September? I bought my car at the end of August and the college rebate was already expired. No matter how hard I tried, they wouldn't give me the rebate.
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