How can I get 0% financing from a dealer?
How can I get 0% financing on a car loan? A few of my friends went to a car dealer in town and got 0% APR financing.
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Answered on Jul 03, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
“You’ll have to be lucky enough to be car-shopping when that promotional rate is available; car dealers don’t offer it year-round.
Furthermore, you’ll need to qualify for the loan. This means you’ll need:
- great credit
- a low debt-to-income ratio
- a down payment
When you’re ready to buy car, be sure to come prepared to your chosen dealership.”
MORE: How to Buy a New Car
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