Lilguy
Silver Member
With the latest fed increase are we at the end of the line for the zero interest consumer economy?
Zero percent financing ALWAYS has a cost and did not come into being after the 2008 crisis.With the latest fed increase are we at the end of the line for the zero interest consumer economy?
With the latest fed increase are we at the end of the line for the zero interest consumer economy?
Zero percent financing ALWAYS has a cost and did not come into being after the 2008 crisis.
When supply and market conditions dictate, zero percent deals will be around regardless of the Fed rate.
You could actually see more of it. They only show you "0" so they can increase the price so as to get their money they didn't get from interest. I bought a tractor that was a few bucks cheaper at 4.3% interest in the long run, than buying the thing for 0 interest but at the higher "0 %" purchase price .
Zero financing was strictly marketing. I assure you they were not doing us a favor.
So you get 500 off if you pay cash. Where's the benefit.
So you get 500 off if you pay cash. Where's the benefit.