RealCarTips Logo

0% Financing Deals Available Until 2013

August 18, 2011

With the recent volatility in the stock market, the Federal Reserve announced that they will keep interest rates near 0% until at least 2013.

This means banks will be able to borrow money at near 0% interest, making it easier for them to offer low interest loans to consumers.

This is good news for car buyers since interest rates on car loans will remain low or possibly even head lower.

Right now, if you have excellent credit (check your credit score here), you can get an auto loan for as low as 2.9% from major lenders such as Capital One Finance.

In the near future, these rates may drop even lower - and these are loans with no incentives attached!

Right now, most car makers are offering a slew of financing incentives, with a good portion offering 0% financing.

We're sure to see these trends continuing until at least 2013 and we'll likely see more 0% financing deals with terms of up to 72 months.

You can read more about how to save money on car loans in our Car Loan Guide section.

See the lowest prices on a vehicle in your area (plus see the actual incentives you qualify for)
Enter Your Zip Code:

My Recommendation for Car Shoppers

TrueCar No-Haggle and Edmunds Price Promise are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.

California Residents - Important:

There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.

- Gregg Fidan

Gregg Fidan

About: Gregg Fidan

Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

Latest Weekly Car Buying Tips    RSS Feed

October 1, 2015
September 24, 2015
September 17, 2015
September 10, 2015
September 3, 2015
August 27, 2015
August 20, 2015
August 13, 2015
August 6, 2015
July 30, 2015
July 23, 2015
July 16, 2015
July 9, 2015
July 2, 2015
I welcome your car buying questions. Email Me and I'll be glad to answer them!

Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
Enter Your Email Below

(Absolutely NO SPAM, easy to unsubscribe)