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This debate depends on what you will do with your truck. If you plan on trading in 2,3, or even four years take the money rebate. This way when you go to trade, your payoff will be lower because you bowered less money. If you plan on keeping your truck and paying it off, you will need to do the math on a payment calculator to find the best savings. Otherwise, you will be paying the "extra money" over the life of the loan and not be able to benefit when you trade. Also, it may be best to take the cash and find a credit union with a lower interest rate. A credit union in my area is currently at 4.5% on new vehicles. Im sure a Toyota dealer would not give this low of a rate. So, sometimes it would be best to take the cash off and other times to take the 0%. I did the math a few days ago and it would be best for me to take the cash off and finance it at the 4.5%. I would end up paying less in the end with a 60 month loan. The only way to know for sure is to do the math.
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