Low advertised car payments?

Question

I saw this infomercial on TV the other day for a local Suzuki Dealership offering new cars (not just suzuki makes) for very low monthly prices and no down payment...

For example a 2007 Chevy Tahoe for $127 a month!!!

How is this done?

Do they finance for more than 72 yrs?
........new car loan programs I haven't heard of?

I know either way there screwing you for that low of a payment and especially the no down payment part, but $127 a month for a 07 Tahoe is pretty attractive...I'm just wondering if this is a low monthly payment for a couple months and than it jumps to what it should....which should be 7 to $800 a month.

Anyone have a good idea of how this thing works???

.......

Answer 1

All the commercials I've seen are no down payment OR low monthly payment. If you choose the low payment, you have a huge down payment.