Should I Choose a Low Rate or Cash Back?

Vehicle manufacturers or dealers will often offer incentives to purchase a specific vehicle in the form of a low rate loan or a cash back incentive. While a low rate loan sounds attractive, you might be better off taking the cash back and adding it to your down payment, which will reduce the loan amount for the vehicle. Evaluate which option is best for you.

Use this calculator to determine if you should choose a low interest rate or cash back.


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The calculations provided by this calculator are based entirely on the information you enter, including any loan amount and/or interest rate. These calculations do not reflect the terms available for any Regions loans or whether you qualify for any Regions loan. Find out more about Regions loans.