2007-01-17 19:41:02 · 3 answers · asked by charlesx c 1 in Business & Finance ➔ Personal Finance
You would have to run the numbers and compare the zero percent loan against an interest rate car loan to see which is better if the choice is between a zero percent loan and cash back. The cash back is better in virtually every case.
2007-01-17 23:05:07 · answer #1 · answered by waggy_33 6 · 0⤊ 0⤋
It means you pay no interest on your purchase. You pay the price you negotiate with the dealer. Not everyone is eligible only those with good credit and on select models they want to move of the lot.
2007-01-17 19:49:21 · answer #2 · answered by nicewknd 5 · 0⤊ 0⤋
be very careful with these types of loans.dont let a dealer talk you into one of these loans without getting independent advice.remember theres no such thing as a free lunch.
2007-01-17 19:50:04 · answer #3 · answered by BUSHIDO 7 · 0⤊ 0⤋