Sold on Dealer 0% Financing?

Make Sure You Consider All the Facts

Some automobile dealers are once again promoting their 0% financing deals. Before you sign an agreement you may regret we want you to understand that a 0% deal may not always be in your best interest. Consider these facts pertaining to 0% financing before purchasing a new vehicle:

 . Once on the lot, many buyers will discover they don't qualify for the dealer's lowest rates. These dealer rates are almost always available only on short term12-24 month loans.

Such a short repayment period may place your monthly payments well out of reach.

The low loan rates are usually offered as an alternative to a sizeable rebate.

Frequently, taking the rebate and lowering the  principal amount you need to borrow has a greater impact on reducing your monthly payments than the loan rate does.

Bigger down payments are usually a requirement and pre-payment penalties are common.

The loan rates are often applied to slower selling dealer stock vehicles. Many of which tend to have a lower resale value.

As a result, the dealers are usually unwilling to negotiate the sale price and you may be required to pay for unwanted options that add to the overall expense.

Come see us for financing to purchase your next vehicle and give yourself the freedom to choose the car, truck or van you want. We offer competitive loan rates and a variety of repayment terms. Qualified applicants can even get approval before they shop.