Are rebates money back to the buyer or dealer? If Dodge is offering 6K rebate, can the dealer require all of that plus what they call, "money out of my Pocket"? If the 9k is mine, that is money out of my pocket.
Posted Aug 29th by Are Rebates Money To The Buyer Or Dealer? the owner of a Dodge 400
Answers from the Automotive Experts
Rebates are money back to the customer. Most customers use rebates as money down on their purchase. It sounds like you need $9000.00 to put towards your purchase so can take the $9000.00 "out of pocket and have the rebate sent to you OR can take $3000.00 "out of pocket" and have the dealer wait for the $6000.00 from the manufacturer. It sometimes takes 4-5 weeks for the manufacturer to send out the rebates so most customers sign them over to the dealer.
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〉 Answered on Aug 29th, 2007 by Shelly LoCascio, Dealer Principal at Irwin Lincoln Mercury Mazda