Quote: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.

The question you answered to which I responded to was if offered a 0% loan over 60 months should you take that offer?


You answered no you should pay cash. I answered no you should take the loan and explained why.


You responded (but ignored most of the post) with "yes but who is a 0% down, 0% interest loan targeting?" Which has what to do with the question I don't know. I pointed out, correctly, than any loan with a lower interest incentive is actually reserved for people with a higher credit rating, the exact opposite of what you claimed.


Then in your reponse you decided to parse that with a yeah but... while your right, if you separate that kind of loan into 0% down only loan, it targets poor people. Again changing said argument into something no one refuted, certainly not me.


Then I guess you thought you'd lecture me on the basics of credit offers?


As to the second part, here you go: <a class="bbc_url" href='https://www.kubota.com/finance/finance-promo.aspx'>https://www.kubota.com/finance/finance-promo.aspx</a>

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