LPT: When financing a car, do not go rushing in for the 0% financing. The manufacture will take away rebates with 0% financing and depending on rebates and interest rates, you could pay more with 0%

For example, right now a manufacture is offering $4,500 in rebates on one of their SUVs. But if you go with the 0% interest rate through their bank for 36 months, you will not get the $4500 rebate.

This particular model is selling for $44,770. If you take the rebate the price you are financing is $40,270 for 36 months at 3.11% APR, the cost for the loan will be $42,230. This is a savings of $2,540 over the life of the loan.