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re: 0% financing on car--is there a catch?
Posted on 1/6/14 at 6:47 am to CorkSoaker
Posted on 1/6/14 at 6:47 am to CorkSoaker
Sometimes a dealer will cut more off sticker if they're making a bundle on the interest.
In this case, they may not reduce the price as much in order to make money off the sale and not the finance.
In this case, they may not reduce the price as much in order to make money off the sale and not the finance.
2
Posted on 1/6/14 at 6:49 am to Enadious
Make sure if you miss one payment the fine print doesn't say the interest rate goes up to 20% or some other nonsense. I haven't financed a car since 1984 so I'd have to read each line of the contract before I would trust anything from a car dealership.
Posted on 1/6/14 at 6:53 am to Enadious
My wife and I bought our first new vehicle after she graduated last year and the only credit we had were two credit cards. Paid $500 above the invoice and got 0% for 60. Plus a big rebate.
If your company doesn't offer the "X Plan" you don't know what your missing.
If your company doesn't offer the "X Plan" you don't know what your missing.
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