What does a 1000 cash allowance mean,when purchasing a new car?

0
Asked

What does a 1000 cash allowance mean,when purchasing a new car?

0

Cash allowance is another name for a rebate. Be aware that cash allowances and rebates are NOT price discount but a form of down payment. Why is that important? Because you pay sales tax on the entire price of the car, including the cash allowance.