BigStogs
New member
- Location
- Sugar Grove, IL
My apologies for asking for further clarification. Please tell me if I have this right:
Summer smile gets you $1000 regardless of financing. You get an additional $1000 if you do the 6 years at 2.4% via VW Credit. To get an additional $500 off you finance at 3.4% for 6 years. To get an additional $500 off you finance at 4.4% for 6 years.
So, for example, if I decide to finance at 2.4% for 6 years I receive $2000 of the above possible incentives. If I finance at 4.4% at 6 years I receive $3000 of the above incentives?
A salesman I’m speaking to is telling me there is $1500 difference between the 2.4% and 4.4%, which doesn’t seem right to me based on the info in this thread.
Going with the 4.4% for 72 months will be more expensive in the long run, even with the extra $2,000 in incentives. Will cost around $1700 more after it is paid off compared to the .9% for 60 months. It will lower your monthly payment by about $70 a month. Always take the lower interest rate. It saves you more money and looks better on your credit report.