Dealer Financing vs. Bank Financing Calculator

At first glance, 0% financing appears to be the best option when purchasing an auto. However, if you choose to finance through a bank or credit union you may be eligible for a dealer rebate. Use this calculator to help determine which is the best option using the breakeven based on how long you anticipate keeping your vehicle. In most cases, the rebate amount has the greatest impact on the length of time you need to keep the vehicle before an ultra-low-rate dealer financing offer saves you money.

Other Useful Auto Calculators

Using our auto loan payment calculator can help you assess the loan amount and monthly payments that fit your current circumstances and future goals.

Auto Loan Payment Calculator

Calculate how much you can afford to spend on a new or used vehicle based on your target monthly payment.

Vehicle Affordability Calculator

Use this calculator to help estimate the potential time and interest savings of making additional payments on your auto loan.

Auto Loan Accelerated Payoff Calculator

Helpful Auto Buying Articles

Tips for First-Time Car Buyers

First time buying a car? InTouch Credit Union offers useful tips for first time car buyers such as pre-qualifying for financing, choosing insurance, and understanding depreciation.
Read More about Tips for First-Time Car Buyers
Evaluating a 0% APR Car Deal

In the middle of an economic downturn, it is common for auto dealerships to put some really eye-catching deals out to create car buying interest.
Read More about Evaluating a 0% APR Car Deal
A Step-by-Step Guide to Buying your First Car

So you’re ready to buy your first new or used car and head out on the open road. But before you hit the highway in your new ride, it’s important to figure out what you’re looking for, what you can afford and how you’re going to pay for it.
Read More about A Step-by-Step Guide to Buying your First Car