Quote:
Originally Posted by Envitro
We just got our new car (it's an '11) and they gave us about 15% off the price, plus 0.9% financing for 36 months, and flexibility to pay off whenever without penalties
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And for 0% I'd expect 2 years or shorter.
Most new car loans are about 5-7 years nowadays.
A $20k car on 3 year financing is almost $600/month. A $20k car on a 2 year 0% is over $800 per month.
I'm not saying that isn't a good deal. Just putting it into perspective what I meant when I said shorter term for lower rate.