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Hey folks: Quick question:

For those who purchased the C, did you get your own car loan or finance through Chrysler financial? For some reason when I crunch the numbers through a internet lender the numbers are better than Chrysler even with $1,000 rebate.

What did you guys do? Thanks
 

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The numbers are way better using outside financing... There was a 4% difference in what chrysler was quoting me and my credit union... The bottom line if you plan on keeping the car until it's paid off is the total cost of the car including interest. 4% makes a whole lot more difference than $1,000. Shop around I got 3.75% on mine and told them to keep the rebate, plus they aren't making the money by ripping you off on the rate.
JMHO
 

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You can always get the DC rebate then refi w/ your credit union in X months. I believe the consensus was that there's nothing in DC's loan paperwork that prevents you from paying off at any time, but the dealer loses money if you refi within 90 days. (FWIW, that's what I've read but I haven't seen the contract itself yet.)
 

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My contract through Chrysler financial does state that there is no prepayment penalty. Chysler was about 1.5 percent higher. When I figured it out with my downpayment, it had to be 3 points higher for me not to benefit the 1k rebate. The amount you finance will determine what rate is the break even point.
 

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Paid $26K cash and financed $10K with Chrysler to get the $1K back. First payment I paid $9K and will make two more payments (probably $900 then $100 & change). Gets the $1K cash plus makes the interest they get off me minimal & lets the dealer get his kickback. Everybodies happy.
 

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Tornnight said:
I thought the $1000 cashback was over?
No, I financed Tuesday and it's still there. If you build a car on the Chrysler.com website, a popup window will appear describing it.
 
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