The Truth About 0% Finance
Thursday, 15. September 2011
With many 0% finance deals about, following the new registration launch, it is important to take note of the advice that I have given in my books and previous blog posts. That is to negotiate a deal on the car on which 0% finance is being offered as though you are a cash buyer. Get some extra discount on the car, a full fuel tank and maybe a few extras fitted. Once you have negotiated the best deal as a cash buyer and have the quote in writing from them tell them you want the 0% finance deal.
When the salesman points out that you can’t have all the add on’s as well as the 0% finance point out that if a dealer offers zero % finance the customer taking the deal should be no worse off than a cash buyer or it isn’t considered zero % finance.
If they still refuse I would suggest a call to trading standards. Oh and ignore all the ridiculous articles in national newspapers and on blogs that tell you to consider negotiating a good deal on the car and paying for normal finance – it may be cheaper, ‘cos it’s bad advice and inaccurate!
Did you know that already, probably not unless you’ve read my books and blogs. It’s what makes me the world’s number one car finance blogger! By Graham Hill
