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re: 0% financing on car--is there a catch?
Posted on 1/6/14 at 6:53 am to CorkSoaker
Posted on 1/6/14 at 6:53 am to CorkSoaker
No catch other than you are borrowing more up front. The first few years you will be "upside down". But you won't have spent several grand up front.
You will still have some fees due at signing that can't be rolled into the financing. But if you plan on keeping the car 7-8 years - borrowing money for free is usually a good thing.
You will still have some fees due at signing that can't be rolled into the financing. But if you plan on keeping the car 7-8 years - borrowing money for free is usually a good thing.
1
Posted on 1/8/14 at 11:52 pm to Rebel
quote:
No catch other than you are borrowing more up front. The first few years you will be "upside down". But you won't have spent several grand up front.
Did he say 0 down or 0%?
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