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0% Finance for car purchase

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jmac862_2
jmac862_2 Posts: 1 Newbie
I'm looking to change my car and visited a large multi site franchise and found one I was interested in with £9999 on the ticket.

They are offering 0% finance over up to 5 years on the car, however I have already sorted a loan at 6.2% over 4 years to finance a purchase.

How are they able to offer 0%?, where are they making their money?

Should I just finance it with my loan? Am I looking a gift horse in the mouth or is my natural pessimism justified?

jmac

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  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Name Dropper First Post First Anniversary
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    The finance is already priced into the car.
    If you have cash (which you will have if your getting finance elswhere) ask for at least 10% discount on the car.
    If they refuse walk away.
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