0% Financing Deals Available Until 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.
My Recommendation for Car Shoppers
TrueCar No-Haggle, CarsDirect, and NADAGuides 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.- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The Author
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
January 2022
- Top 100 Cheapest Lease Deals Jan 13, 2022
- Biggest Discounts on New Cars Jan 13, 2022
- Cars With the Largest Rebates Jan 13, 2022
- Real Prices of Pickup Trucks Jan 13, 2022
- Best Bang for Your Buck Lease Deals Jan 06, 2022
- Best Electric, Hybrid Lease Deals Jan 06, 2022
- Best 0% Finance Deals January 2022 Jan 06, 2022
- Real Prices of Midsize SUVs Jan 06, 2022
December 2021
- Best Car Deals by Category Dec 30, 2021
- Real Prices of Compact Cars Dec 30, 2021
- Cheapest Luxury Lease Deals Dec 30, 2021
- Largest Hidden Dealer Rebates Dec 30, 2021
- Best Car Deals Around the Country Dec 23, 2021
- Worst Cars to Lease Right Now Dec 23, 2021
- Price Comparison of Subcompact SUVs Dec 23, 2021
- New Cars You Should Wait to Buy Dec 23, 2021
- Top 100 Cheapest New Cars Dec 16, 2021
- Real Prices of Large SUVs Dec 16, 2021
- Real Prices of New Compact SUVs Dec 09, 2021
- Which Cars Better to Lease or Buy Dec 02, 2021