back to articles | January 01, 2019 | Dale Peterson
Can I Get 0% Auto Financing?
Automotive manufacturers will periodically run financing specials where they offer 0% financing. As long as you're paying a fair price for a new car, these are great deals when you can find them. The trick is that they're usually not available on all models and they often require good credit.
Automotive manufacturers will periodically run financing specials where they offer 0% financing. As long as you're paying a fair price for a new car, these are great deals when you can find them. The trick is that they're usually not available on all models and they often require good credit. Consumers with credit scores lower that 700 may not qualify. And even if you do qualify for a 0% new car loan, you need to be careful that you don't fall into the trap of buying more car than you can afford or buying incremental add-ons, upgrades, and extended warranties.
If you don't qualify for zero percent financing, or if it's not available for the make and model that you want, then there are plenty of other options. myAutoloan.com provides consumers with a simple financing application where a range of lenders compete for your business. If you don't qualify for a low-interest loan from the manufacturer, myautoloan.com is a great second choice for getting the financing you need.