What is the smallest amount I can put in MAC loan and still get 1000 off rebate?

 

huh ?

Here

Down payment - money that you owe = Loan amount.

u can borrow 1 dollar, but ppl will be like wtf dude.

 

I assume you have another lender with a better apr yet wish to get the cash back by using MAC.

1. Simply ask MAC what their minimum loan is then make up the balance with your preferred lender.

or

2. Buy the car with MAC and then refinance with your preferred lender immediately or within the date the preferred lender considers the car new. The only problem there is I don't know how much of a fit MAC will have (will they try to reclaim their $1000?).

Good luck. Post how this works out.

 

They wont reclaim their discounts, cuz tons of people have done that like your 2. , zero problems.

 

I did this. The dealer swore to me if I didn't wait 3 months to pay it off MAC would come after me for the rebate back. I called and emailed MAC, and both channels replied that I was free to pay it off at any time, and would not lose the rebate. I paid it off as soon as I got the MAC documents in the mail, about a week and a half after date of purchase. There has been no issues with doing this what so ever.

My rate went from 10.4% to 5.7%. Screw their shitty rates and damn dealer BS! The dumb thing is if they would just give a reasonable rate in the first place they could give the rebate and still make some profit on the financing side.

 

Yeah, exactly. I plan to refinance as soon as I get my title in the mail (approx 2 months) because generally that's needed to refinance.

The dealers will tell you that you have to wait to refinance... but you don't.