0% What the?

[Inspector507]

So Inspector...how do you like your FREE toothbar?

Nah......I sent the check on Monday, just as promised. Besides, I see him way too often to cheat him. BTW, he is not the dealer who sold me the tractor, just a good guy to get to know and deal with.

 

[Birdman253]

in addtion they usually like to end the "promotional rate" if you are late on a payment... (then it reverts to like 12% back to date of purchase)

ie read the fine print.

On the 0% with NH, it is usually on a retail installment contract, not a revolving credit account, and is fixed interest, so they do not "revert back to any other rate". There are late fees, but if it is on an installment agreement, it remains at 0%.

 

[300UGUY]

I remember that GM was doing 0% a couple of years ago, and only 22% of the cars were sold @ 0%. Ford got burned a few years back, basically was giving credit to anyone who had a job, and could walk in. GM is pretty conservative.