Quote:Ok. Not sure what your above point is, other than to parse the argument and attempt to distance yourself from the actual question posed to you.


But sure, tell me more I guess.

 

 

I'm not sure which question exactly that you are referring to.

 

My point is that $0 down loans and 0% financing has a catch.  You are NEVER going to get both in a transaction, unless there is a large mark up on the item being purchased.  $0 down loans tend to carry a less-than-ideal interest rate, and 0% loans often require a good down payment (at least 10% of the purchase price).

 

Show me any dealership, whether it's a car dealership or a tractor dealership that will give you a "$0 down, 0% financing" loan if there isn't some catch tagged onto it.

 

Quote:I think using Truecar is a advantage to a certain degree. Its more of like a referral program to where the dealer has to pay a commission to truecar to generate leads. I also dont think the price listed on Truecar and other car buying programs does not include the extra fees that may be listed on the car at the dealership. I dont know if its possible but if you could print out the price that was quoted online, you have an advantage.  

 

As many have already said it's best to finance through a credit union. Also as stated putting down 10% or more will help you negotiate the price down. 

 

The only thing I would recommend is waiting until Novemeber/ December when dealers are more eager to move the "older" models off the lot to make room for the newer models. 

 

My only disagreement with you here is when it comes to new vehicles, now is actually the time to look for a 2015 model.  The 2017 models will hit the dealerships soon and it will be the 2016's that they try to move.

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