So why is it that people with good credit don't take advantage of such promotions?
• Most people think because the rate is so low, there's no haggle room on the price. To which we say -- HELLO? Have you seen auto sales figures this year? You take away the standard great sellers (Camrys and Accords) and you can haggle on ANYTHING.
• This promotion is often a choice -- zero percent or cash back -- and people prefer cash.
• Finally, zero financing deals have historically only been for three years. That makes for a higher monthly payment, but if you start planning today to save up for a bigger downpayment, that problem will go away.
BOTTOM LINE: Apply if you're in a hurry and we'll take care of you. If you're not in a hurry, we're going to be honest -- think about those zero percent offers first.
| Credit Score | Interest Rate |
| 720-850 | 6.4 to 6.6 |
| 690-719 | 7.3 to 7.5 |
| 660-689 | 8.8 to 9.0 |
| 620-659 | 10.7 to 10.9 |
| 590-619 | 14.1 to 14.3 |
| 500-589 | 14.9 to 15.1 |
| Rates are rough national averages for a 36-month car loan as of July 2008. Click here for more information on car loan rates. | |