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re: 0% financing on car--is there a catch?

Posted on 1/6/14 at 9:13 am to
Posted by SG_Geaux
Beautiful St George
Member since Aug 2004
78081 posts
Posted on 1/6/14 at 9:13 am to
quote:

It's for ford and Lincoln I believe


It's basically an agreed upon price that's slightly above invoice

It's a good price that involves no negotiations but the price can easily be beaten by a decent negotiator



This is correct.

It is great if you don't feel like haggling.

When Ford still owned a piece of Mazda, I bought two Mazdas with this.

In both cases, I got dealer invoice - factory to dealer incentives AND 0% interest.

Hell my last Mazda, I called the dealer and told them what car I wanted, showed up and was gone in 30 minutes.
This post was edited on 1/6/14 at 9:14 am
Posted by just1dawg
Virginia
Member since Dec 2011
1484 posts
Posted on 1/8/14 at 3:08 am to
quote:

In both cases, I got dealer invoice - factory to dealer incentives AND 0% interest.


Me too. Paid just under the official invoice (there was a dealer rebate from Mazda) for my Mazda3 in January 2010 and financed it at 0% for 60 months.
This post was edited on 1/8/14 at 3:09 am
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