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Old 12-01-2014, 02:22 PM   #251
GP_Matt
First Line Centre
 
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Join Date: Jun 2011
Location: Edmonton
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Quote:
Originally Posted by Street Pharmacist View Post
True, but if that price is the same for a 3yr, 5yr or 6yr loan at 0%, why would you ever choose anything but the 6yr loan. With inflation it's by far the cheapest option
I don't know for sure, but I am pretty sure you can get a lower purchase price if you finance for a shorter period.
To prove it, tell them up front that you want to finance for three years and negotiate to the best of your ability. Then ask if the offer still stands if you double the financing term.
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