Posted 1/20/2011 13:04 (#1560925 - in reply to #1560091) Subject: RE: 0% interest car loans??
Northeast Indiana (Auburn)
The Impala I bought last week had 0% for five years or a $5000 rebate. I got a loan on it for 3.31% for five years and took the rebate. 3.31% for five years on $22,000 equals $1820 in interest. $5000 rebate minus $1820 in interest equals $3180 in my pocket. Most of the time the rebate will count towards your down payment for a loan.