Is 0 Finance on New Cars Better Than Leasing?
What’s not to like about 0 Finance On New Cars? If there is one thing I like better than a super low, sub-vented car lease payment, it’s 0 Finance on New Cars.
These loans are not really loans at all because you don’t pay one dime of interest on 0 Finance on New Cars. It’s even better when No Interest Car Loans go for 60 and 72 month terms. The way I look at is like this: If I can borrow $20, $30, $40 or $50K or more, free of interest for 5 or 6 years to get the car I want, I’d be crazy to finance a car any other way. Paying Cash For a New Car is one other way to avoid interest charges, but how many years will it take you to recoup the cash you laid out for the car? For most of us, paying cash for a car is not a viable option. While I still believe that car leasing is the most affordable way to finance and drive new cars, there are times when it makes a great deal of sense to buy, particularly when you can find 0 finance on new cars. Last year, I featured some of the top 0% APR Car Loan Offers from Toyota, Honda, Ford and GM. We dearly hoped that we would see more of these 0-finance-on-new-cars offers this year. I’m pleased to say that these great No-Interest-No-Money-Down Car Financing Offers are still just as popular as ever. Ford is still not back in the leasing business, but they continue to be a leader in 0% 60 Month Car loans on their most popular models like Fusion, Focus and Escape. The 0% Car Loan Offers below are not all inclusive. There are too many models to list them all. I’ve tried to list two versions of the same car; for instance both a base model and the premium upgraded model. I’m particularly fond of the Ford Focus SEL which is fully loaded; leather-trimmed heated seats, all power, trip computer messenger center..and much more. The Focus SEL is miniature luxury car that delivers 25/34 MPG and tops out at just $19,600 giving you a low no-interest monthly payment in the low $300s. Chevy is clearing out the remainder of their Cobalt inventory with 0%/60 Month Financing to make room for the new Cruze which currently doesn’t have anything close to this in the way of a low-interest purchase offer. You can, however, purchase both the 2011 versions of the Malibu and Traverse at 0%/60 months. Check out the Traverse LTZ. As you can see, a $38,000 vehicle, even at 0%/60 months financing still nets you a rather high monthly payment of $632.00. What is the absolute lowest payment of the bunch? The Chysler PT Cruiser which you can buy for $253.00 a month for 72 months.
0 Finance on New Cars and No Down Payment if Possible
These 0-Finance-on-New-Cars may vary by location. In some cases, a down payment may be required. The Monthly payment is an estimate based on 0-Down and the advertised MSRP. Check your local dealer for accuracy and always ask for a better deal: For example, a 0%, 60 month loan on a car that is $250 above factory invoice, might be a good negotiations starting point. All 0 Finance on New Cars Offers occasionally vary by location.
0 Finance on New Cars
|Year, Car and Model||Financing Offer||MO PMT||MSRP||TERM|
|2010 Chrysler PT Cruiser Classic||0% / 72 MO / Classic||$253.82||$18,275.00||72|
|2011 Nissan Sentra 2.0||0%/ 60 MO / All Models||$259.00||$15,540.00||60|
|2010 Chevrolet Cobalt Base Sedan||0% / 60 MO / All Models||$261.83||$15,710.00||60|
|2011 Ford Focus Sedan S||0% / 60 MO / All Models||$277.33||$16,640.00||60|
|2010 Chevrolet Cobat Coup 2LT||0% / 60 MO / All Models||$309.33||$18,560.00||60|
|2011 Nissan Altima 2.5||0% / 60 MO / All Models||$323.50||$19,410.00||60|
|2011 Ford Focus Sedan SEL||0% / 60 MO / All Models||$327.83||$19,670.00||60|
|2011 Ford Fusion I4S||0% / 60 MO / All Models||$330.00||$19,800.00||60|
|2011 Nissan Sentra SE-R Spec V||0% / 60 MO / All Models||$335.00||$20,100.00||60|
|2011 Ford Escape XLS||0% / 60 MO / All Models||$353.58||$21,215.00||60|
|2011 Chevrolet Malibu LS||0% / 60 MO / All Models||$366.25||$21,975.00||60|
|2011 Toyota Camry LE||0% / 60 MO / All Models||$384.75||$23,085.00||60|
|2010 Chrysler 300C RWD Touring||0% / 72 MO / RWD Touring||$389.03||$28,010.00||72|
|2011 Toyota Tundra 4×2 V6||0% / 60 MO / BC/CrewMax||$415.17||$24,910.00||60|
|2011 Ford Escape Limited||0% / 60 MO / All Models||$433.92||$26,035.00||60|
|2011 Ford Fusion V6 SEL||0% / 60 MO / All Models||$448.25||$26,895.00||60|
|2011 Chevrolet Malibu LTZ||0% / 60 MO / All Models||$450.25||$27,015.00||60|
|2011 Toyota Camry Hybrid 2.4 CVET||0% / 60 MO / All Models||$457.25||$27,435.00||60|
|2011 Nissan Murano S||0%/ 60 MO / All Models||$475.33||$28,520.00||60|
|2011 Traverse LS||0% / 60 MO / All Models||$487.07||$29,224.00||60|
|2011 Chrysler Town & Country LTD||0% / 72 MO / Limited||$498.26||$35,875.00||72|
|2011 Enclave CX FWD||0% / 60 MO / All Models||$573.17||$34,390.00||60|
|2011 Nissan Murano LE||0% / 60 MO / All Models||$626.00||$37,560.00||60|
|2011 Toyota Tundra 4×4 V8 5.7l||0% / 60 MO / BC/CrewMax||$627.50||$37,650.00||60|
|2011 Traverse LTZ||0% / 60 MO / All Models||$632.92||$37,975.00||60|
Note: Just like with leasing, 0 Finance on New Cars are offers that change monthly. Monthly Car Lease will publish them as they change, so check back in March for the latest 0 Finance on New Cars. The no interest specials we published a few months ago can be found here: 0 Finance on New Cars of the Past.