0% finance for 5 years when buying a car

andyisbrilliant

Hi

Apologies if this is the wrong message board to post it on, but i'm fairly new and could not find a section to post things about cars...

I've found a website that looks too good to be true. I'm thinking of buying a new car and found this website offering 0% finance on most cars for 5 years.

Is this a good deal and would you recommend using it?

http://www.interestfree4cars.com/index.asp

A.Richardson_2

The reason they offer 0% for 5 years is because you pay the full rrp price for the car.

Try https://www.dixonmotors.co.uk they have some really good bargains at the minute and offer 0% for 18 months. I have just bought an MG ZR, the list price including extras is £12,000, I paid just under £7,500. They also gave me a good price for my trade-in.

Click on 'new cars' and then 'hottest deals' on the left hand side for the best buys.

andyisbrilliant

Thanks, i've had a look and made a few inquiries, but i think thats a bit too far up north for me.

Do you/anyone know any good websites in the south east?

A.Richardson_2

I don't know of any others with 0% deals.

Here are a few other good car websites:

https://www.motorpoint.co.uk (Derby) Some really good deals - Brand new Ford Mondeo Zetec, a great spec car for £9,995.

https://www.greattradecentre.co.uk (London Area) Known as Car Giant, they sell second hand cars. Most are almost new with low mileage and low price tags.

https://www.trade-sales.co.uk (London Area) Good offers on new/used cars.

royalsteve

A.Richardson wrote:

I don't know of any others with 0% deals.

Here are a few other good car websites:

https://www.motorpoint.co.uk (Derby) Some really good deals - Brand new Ford Mondeo Zetec, a great spec car for £9,995.

https://www.greattradecentre.co.uk (London Area) Known as Car Giant, they sell second hand cars. Most are almost new with low mileage and low price tags.

https://www.trade-sales.co.uk (London Area) Good offers on new/used cars.

some main dealers offer 0% over a number of years....bought my £15900 307xsi...on 0% rather than pay cash....so ive saved 300-400 or so more byu keeping my cash in a high interest account......plus i negotiated a £3000 discount...so car has effectively cost me approx £12500......at the time the best what car could do was £14.1K....bit cheaper now though and i think they did a 4 year 0% deal...ford also have similar deals i think

caverncity

See thread below

http://www.rpoints.com/bb/viewtopic.php?t=67416&highlight=dixon+motors

fazer6

I got my bike on 0% for 18months, most manufacturers now have to offer it on some models or they'll lose the sale. I think most 0% deals are done by black horse. They loose money on the 0% but make lots of money by pre-approving people who need credit on high interest loans, just before my finance ended they kept sending loads of loan offers through to me.

Skint_Catt

I've just bought a Ford Focus and paid for it with a Super Balance Transfer from 0% Virgin Credit Card. If you can get enough credit I think this is the way to go - dealers are offering 0% because they DO gain from it somehow whether it be commission for the salesman, admin fees, 50% deposit (which they can then invest) etc etc etc

Good luck and happy motoring!

vansboy

http://www.honestjohn.co.uk look in This weeks Best Deals - lots offers there.

Post in The Backroom - Discussion forum, lots info!!

Best choose the car YOU want, then do the deal, with the dealer YOU like!!

VB

kazzy

you don't get owt for nowt as my Granny used to say!!