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0% financing or a rebate on a 2020 Toyota Corolla Hatchback?

Gap in total cost

$1,467

  • 0% wins by $1,467.
  • 0% APR: $341 a month, $22,562 total.
  • Rebate at 7.0%: $365 a month, $24,029 total.
  • The rebate wins below 4.1% APR.
  • SE FWD, $21,285 with destination.
  • Cheaper than 81% of 22 hatchbacks (2020) by MSRP.

Pick another car

Offers change monthly. Enter the dealer's numbers.

7.0% APR. 60 months. 6% sales tax on the price. Tax on the price before the rebate.

0% APR$22.6kRebate, 7.0% APR$24.0k
Down payment plus 60 months of payments. Orange: cheaper.
2020 Toyota Corolla Hatchback: both offers by trim, 10% down
TrimPrice0% APR a monthRebate a month0% APR totalRebate totalCheaper
SE FWD$21,285$341$365$22,562$24,0290% APR
SE Manual FWD$21,285$341$365$22,562$24,0290% APR
SE CVT FWD$22,385$358$386$23,728$25,3930% APR
Nightshade CVT FWD$23,285$373$403$24,682$26,5100% APR
SE Nightshade Edition FWD$23,285$373$403$24,682$26,5100% APR
XSE FWD$24,235$388$421$25,689$27,6880% APR
XSE Manual FWD$24,235$388$421$25,689$27,6880% APR
XSE CVT FWD$25,335$405$442$26,855$29,0530% APR

What this cannot tell you

Dealer price and fees differ.

Some states tax the price after the rebate.

How values are checked