How do car rebates work — and how do you get one?
Auto rebates are money-back deals from manufacturers that lower vehicles’ costs.
4 min read
May 12, 2025
Rebecca Betterton
Writer, Auto Loans and Personal Loans
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4Years of experience
EXPERTISE
- Auto Loans
- Personal loans
- Personal finance
- Budgeting
EDUCATION
- Certified Financial Education Instructor℠, National Financial Educators Council
- Bachelor of Arts in Strategic Communications, Elon University
About the author
Rebecca Betterton, a Certified Financial Education Instructor℠, is a writer for Bankrate who has been reporting on auto loans since 2021. Through her writing, Rebecca aims to provide clarity and accessibility to the automotive loans industry as the cost of financing new and used vehicles continues to climb due to steep inflation.
She specializes in assisting readers in navigating the ins and outs of securely borrowing money to purchase a car, but recently widened her scope to cover personal loans and other debt topics. Prior to her time at Bankrate, she was a social media reporter and copywriter.
When Rebecca isn’t researching recent trends in personal finance, she is an avid runner and a lover of interior design.
Rebecca beyond Bankrate
Rebecca wants you to know
Rebecca understands the anxiety that comes with heading to a dealership. She is passionate about empowering readers to make informed financial decisions in the showroom through focused advice and guidance. Outside of that, she has spent the last year researching EV financing and trends to make it more accessible for all sorts of drivers.
Rebecca's latest articles
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Dealer add-ons: When they’re worth it and when to say no
Which dealer add ons are worth considering and which should you skip?
8 min read May 12, 2025 -
What is an upside-down car loan and how do I get out of it?
Here’s how to minimize the amount of time you stay with negative equity.
4 min read May 12, 2025 -
Car interest rates are going up as the Fed quells inflation
Prepare for high rates of inflation if you plan to buy a vehicle this season.
5 min read May 07, 2025 -
How does the Fed interest rate affect car loans?
Does the Fed interest rate affect car loans? Yes, it does: It has a domino effect that can raise or lower auto loan rates.
3 min read May 07, 2025 -
When will car interest rates start dropping?
Auto rates will likely not decrease this year. Consider how to still save.
4 min read May 07, 2025 -
How to save on auto loans as the federal funds rate changes
Fed hikes means higher rates — but there are still ways to save.
4 min read May 07, 2025 -
When should you refinance your car loan? And when to wait
Time your car loan refinance right to receive the maximum benefits.
9 min read May 07, 2025
