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re: 0% financing on car--is there a catch?
Posted on 1/6/14 at 6:50 am to 4LSU2
Posted on 1/6/14 at 6:50 am to 4LSU2
quote:
0% is always free money, but there is a catch. The catch is that they don't come off the sticker price much at all for the 0% incentive. Financing options often vary as they inch up percentage points while the sell price decreases.
what if I don't disclose the fact that I am wanting to do the 0% financing until after the deal is set with the price of the car?
1
Posted on 1/6/14 at 6:53 am to CorkSoaker
quote:
what if I don't disclose the fact that I am wanting to do the 0% financing until after the deal is set with the price of the car?
They will let you know right off the bat that the 0% comes with nothing else. This is how they win. The profit from the sale is in the sticker price you're purchasing without financing fees so that they can move the car.
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