What is a manufacturer rebate?

Manufacturer rebates are strategic financial incentives that manufacturers and producers offer to customers post-purchase. They’re designed as a partial refund on the cost of an item. However, unlike discounts that reduce the purchase price upfront, buyers pay full price for an item and later receive money back directly from the manufacturer.

What is a vehicle rebate?

When you purchase a new car or truck, a vehicle rebate is a discount provided by the manufacturer to qualifying buyers. According to Angie's List, manufacturers often offer these incentives to encourage sales of a particular make or model. For example, rebate offers typically depend on the supply and demand of a specific vehicle.

What are car dealer rebates & how do they work?

When shopping for a new car or truck, car dealer rebates can save you a lot of money. Car dealer or manufacturer rebates and incentives are provided by the manufacturer in order to stimulate sales of a particular make and model new car or truck. However, there are a lot of misconceptions about what car rebates actually are and how they are used.