rsgerry

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!

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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

DRU842

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.

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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

T3man

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.

Blurter

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.

Bluey

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????

KenOath

I think sales of all AU’s 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.

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Bluey

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?

Pearly

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.

CSV_LS1

How much interest is it at the moment?

Devil CV8

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.....