Rajeta wrote:BTW I've never seen auto loans as low as 0 unless they take away some rebate they were offering you in the first place (and you end up paying more with the 0% loan).
Really? I've always seen them that were something like "0% APR or $1000 cashback." If it's a loan for 4 or 5 years, $1000 on a $25,000 car is cheap money. That's like paying 1% interest per year. In a case like this I would finance it because it's so cheap.
This was back in '05 and '06 when credit was still easy. Today I don't think this would make sense to do.
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