Zero percent finance

[michaelhunt]

Interested in what everyone thinks about zero percent finance....

I have a feeling that this is impossible. Surely no company loans money for nothing? What you might gain with 0% you lose in other ways - not getting as much for your part-ex, or the dealer already adding on to the price of the car they are wanting to sell you, or the dealer not giving as much discount on the deal that they might have done (if pushed!) otherwise?

Some say, in the case of car finance, that it can be "subsidised" by the car manufacturer... eh? So the manufacturer does what... pays the interest on your loan? So they "give away" £thousands just so you and I can borrow money with no interest? Surely, this must be offset by something... something that they get from you/me?

I'm confused...!

[arora]

Hi,
This is arora. about the car loans is a very easy to way. Banking, and finance easy to way. and about the loans is a finance and to way.

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arora

Car Loans (http://www.talkingcarloans.com)

[jeena]

hey you can find some good banks and investment areas

[burningbarricade]

Is your name really Mike Hunt?

[cfclol]

Hi Folks
This site has a good article on zero percent finance...
http://www.motor-trade-insider.com/index.php/2008/09/the-truth-about-zero-finance/

Cheers

[michaelhunt]

Haven't been here for a long time... yes, my name really is Mike Hunt.
What's wrong with that :-)

[clarke2025]

Consumer Reports has some good suggestions for reliable used cars like Hondas and Toyotas.