There is a car dealer advertising that it will make the first year's payments on a new car loan.
I'll take the one year loan, thank you.
I'll take the one year loan, thank you.
Dealer will make 1st year loan payments
- Thread starter GROUCHO MARX
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how many years is the financing deal good for? I'll take a 12 month loan please.
Drive the car for the year then have it repoed before the first payment comes due. Sounds like a good idea.
Originally Posted By: CivicFan
Originally Posted By: Steve S
Drive the car for the year then have it repoed before the first payment comes due. Sounds like a good idea.
And destroy your credit?
I would think that many people with iffy credit would gladly ride in a car for free for a year.
Originally Posted By: Steve S
Drive the car for the year then have it repoed before the first payment comes due. Sounds like a good idea.
And destroy your credit?
I would think that many people with iffy credit would gladly ride in a car for free for a year.
Originally Posted By: ToyotaNSaturn
Originally Posted By: CivicFan
Originally Posted By: Steve S
Drive the car for the year then have it repoed before the first payment comes due. Sounds like a good idea.
And destroy your credit?
I would think that many people with iffy credit would gladly ride in a car for free for a year.
I'm sure the hurdles to qualify are quite high. Gone are the days of easy credit. This is to lure any affluent people who might be in the market for a new car.
Originally Posted By: CivicFan
Originally Posted By: Steve S
Drive the car for the year then have it repoed before the first payment comes due. Sounds like a good idea.
And destroy your credit?
I would think that many people with iffy credit would gladly ride in a car for free for a year.
I'm sure the hurdles to qualify are quite high. Gone are the days of easy credit. This is to lure any affluent people who might be in the market for a new car.
There is a Dodge dealer here in south FL that is advertising......buy one Dodge Ram at list price, get the second one free.
There are hundreds of dealerships that will be on the brink of bankruptcy within the next few months if they can't sell any of their inventory.
There are hundreds of dealerships that will be on the brink of bankruptcy within the next few months if they can't sell any of their inventory.
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I sort of feel like a complete moron for only ever buying those things for which I can pay in full on the spot.
Maybe it is an interest only car loan?
Do you have URL for the dealer's website? It would be interesting to read the mouse print that describes the details.
Originally Posted By: javacontour
Do you have URL for the dealer's website? It would be interesting to read the mouse print that describes the details.
Sorry, I didn't see it on the site (Brad Benson Hyundai), only heard it on the radio ad.
Do you have URL for the dealer's website? It would be interesting to read the mouse print that describes the details.
Sorry, I didn't see it on the site (Brad Benson Hyundai), only heard it on the radio ad.
Originally Posted By: CivicFan
Originally Posted By: ToyotaNSaturn
Originally Posted By: CivicFan
Originally Posted By: Steve S
Drive the car for the year then have it repoed before the first payment comes due. Sounds like a good idea.
And destroy your credit?
I would think that many people with iffy credit would gladly ride in a car for free for a year.
I'm sure the hurdles to qualify are quite high. Gone are the days of easy credit. This is to lure any affluent people who might be in the market for a new car.
Affluent people wouldn't need an incentive like that when they need a car.
Originally Posted By: ToyotaNSaturn
Originally Posted By: CivicFan
Originally Posted By: Steve S
Drive the car for the year then have it repoed before the first payment comes due. Sounds like a good idea.
And destroy your credit?
I would think that many people with iffy credit would gladly ride in a car for free for a year.
I'm sure the hurdles to qualify are quite high. Gone are the days of easy credit. This is to lure any affluent people who might be in the market for a new car.
Affluent people wouldn't need an incentive like that when they need a car.
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