0% interest car finance - Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars
The Pub For General Discussion

LinkBack Thread Tools Display Modes
post #1 of 12 (permalink) Old 07-17-02, 08:46 AM Thread Starter
a little bit sideways
rsgerry's Avatar
Join Date: Dec 2001
Location: in a ditch
Posts: 1,258
0% interest car finance

back in the 70's when i lived in england, my dad bought a new car on 0% over 3 years. admittedly it was a hillman hunter, but my dad has never been a car nut. anyway, he got back this afternoon (and rsgerry has lots of nice toys to play with) and told me that vauxhall are doing the same again.

the best i have seen was about 3% on land rovers. the obvious drawback, besides the fact it is a ig waste of space, is that it is also a land rover, and as such, you will become very friendly with the break down men in your city .

besides that, i have yet to see any really special finance deals offered here. is it cos our market is too small? i would have thought that with a small market, the companies could afford to take a bath occasionally just to boost sales.

hell, if ford offer interest free deals on runout xr8's, put my name down!

You wash your car like it was your firstborn child, you tend to its needs like it was your own body, you protect it like it's your family, then you drive it like you stole it.

Weapons of rice destruction

2002 Ford Falcon AU3 XR6
1985 Ford Sierra XR4i
1980 Ford Escort RS2000
rsgerry is offline  
Sponsored Links
post #2 of 12 (permalink) Old 07-17-02, 02:57 PM
Australian Probe Member
Join Date: Jul 2001
Location: Sydney, Australia
Age: 54
Posts: 841
Interest rates are relative. 0% interest is the norm for car financing in the US at the moment & is being used to support sagging sales by GM, Ford etc.
In OZ at the moment the market appears ready for a record year & everyone launching a new version of their 'big' sellers, so its unlikely we will see in the short-term.

1997 Alpine Green Probe, 18mm Swaybar, Custom Yellow & Black Italian Leather Interior, CD Stacker, Yellow Wiper Blades, Ford Australia 75th Anniversary Sticker & Badge, PRD Wires & Sills
2008 Blue Ambition Mondeo XR5, Bluetooth for work
DRU842 is offline  
post #3 of 12 (permalink) Old 07-17-02, 03:32 PM
Registered User
Join Date: Jul 2002
Location: In hiding
Posts: 864
Yeah, but wouldn't it be even smarter to offer it on BA just to give sales kick-off?

Who cares what negative perceptions it evokes - it won't stop savvy buyers lining up and with ppl taking advantage of the offer Ford sales could be up there where they should be.
T3man is offline  
post #4 of 12 (permalink) Old 07-17-02, 04:19 PM
Blurter's Avatar
Join Date: May 2002
Location: Sydney
Posts: 2,015
Yeah I agree, I think this is a better way to move vehicles than offering price discounts which ultimately hurt us all with lower resale values.
Blurter is offline  
post #5 of 12 (permalink) Old 07-17-02, 05:58 PM
Ford Member
Join Date: Aug 2001
Posts: 259
I think one of the Korean makes did an interest free or low interest Deal lately. Alfa, Jag, and I think Holden were doing low 6% for some Commodores and HSV's?

Seems to be little "interest" by anyone else doing this - seems like Ford would prefer to do Falcon runnouts at 29,990 than any other offer????
Bluey is offline  
post #6 of 12 (permalink) Old 07-17-02, 07:48 PM
Blue Blooded Ford Man
Join Date: Apr 2002
Location: Riverina, NSW. Falcon country
Age: 38
Posts: 1,619
I think sales of all AUís would of increased greatly if Ford offered 0% interest. It is a very tempting offer. It is like saving up for the car, but you get the car first.

I think Subaru offered 8% for their range. Still much better then a normal car loan.

Marcos Ambrose - 2003 V8 Supercar CHAMPION
This could be the start of something big
KenOath is offline  
post #7 of 12 (permalink) Old 07-17-02, 09:08 PM
Ford Member
Join Date: Aug 2001
Posts: 259
I suppose the real question here is how low an interest rate is to motivate someone to buy a car now rather than wait?

Question: Given you are not ready to buy a new car now, what rate offer would motivate you to buy now?
Bluey is offline  
post #8 of 12 (permalink) Old 07-17-02, 09:42 PM
Registered User
Pearly's Avatar
Join Date: Jan 2002
Age: 35
Posts: 2,429
I can't afford a new car right now, I'm only 20 and I think most people in my age group are in the same boat. If they offered little or no interest (little = no more than 3-5%) I would deffinately buy a brand spanking new BA.
Pearly is offline  
post #9 of 12 (permalink) Old 07-17-02, 11:26 PM
Mr Photoshop
CSV_LS1's Avatar
Join Date: Feb 2002
Location: Here, There and Everywhere
Age: 32
Posts: 1,155
How much interest is it at the moment?
CSV_LS1 is offline  
post #10 of 12 (permalink) Old 07-19-02, 07:56 PM
Registered User
Join Date: May 2002
Age: 52
Posts: 461
Even taking interest rates out on $35000 car over 5 years you will still be paying $583 per month
35000/5 then /12=583.3333333

So if you can find that much spare then a bit extra for interest isn't going to add a gigantic amount to that.....
Devil CV8 is offline  
Sponsored Links

  Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars > Fordforums Community > The Pub

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode

Similar Threads
Thread Thread Starter Forum Replies Last Post
Ford Employee Chat Session - Expressions of Interest RPO83 The Pub 28 05-23-03 02:31 AM
Ford steps up search for finance chief Stacy94PGT Ford Worldwide News 0 03-04-03 11:20 PM
NEONE bought mags on interest free terms, or finance? antigravity The Pub 3 05-04-02 08:58 AM
Interest rates stay the same Falchoon The Pub 4 04-03-02 01:37 AM
Ford Finance Promotions SnaggS The Pub 0 10-11-01 05:03 AM

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

For the best viewing experience please update your browser to Google Chrome