If you are trying to get out of debt (and I'm a
Dave Ramsey fan), then the $4500 rebate still doesn't make for a great deal. Either keep the old clunker clunking or swap it for a $3,000 used car. I got my Corolla for about $3200 last year, just as gas was hitting $4/gal. I'm debt free except for my house and I'll stay that way by never buying a new car until I'm a cash millionaire.