where do i get a loan or finance for buying a car where i can buy now but not start paying until 12 month time

Answer 1

That is a deal that car dealership give you. They normally would put that in the paper so check your local listings.

Also it's dependant on credit. To get a deal like that you have to have near perfect credit scores!

Answer 2

IF you find that, bear in mind that the loan will accumulate interest for the first 12 months, and after that, you will be paying compound interest on the first years interest, as well as the principle.

No credit is FREE. Even cars financed FREE INTEREST, is not free. The interest is built into the original price.

Would you loan out $25,000.00 for 5-7 years with no interest? Get real.

You can earn 3-4 % in a bank.

Answer 3

Yes there is such thing as 0% financing. Car dealers usualy do it to clear out last years models. GM just did it when they redesigned their vehicles for 07. As far as no payments for 12 months, only thing I can think of is if you are a student you could get school loans that you dont have to pay off until you graduate. You could save your first symesters check and put it together with the second and probly have around $8,000. I dont know if you are a student.

Answer 4

12 months is a long time to delay payments. Unless you already have excellent established credit it just isn't going to happen. If you do, look around certain dealers have crazy financing offer sometimes BUT....For those 12 months you are most likely accruing interest on a principle that is not shrinking....Ouch!

Now the other alternative is called "Hitting up a relative."

Answer 5

Typically furniturn stores will do this but I've never seen an auto dealership do it. Though in some cases, with good credit, you can not have to pay interest for 12 months. That's about the best you're going to find.

Answer 6

GET A BUS PASS AND GO TO WORK IN STYLE FOR 12 MONTHS IN A $290,000.00 LIMO