Not often. Used cars, at least where I am, are all pretty pricey, and with rent and shit being out of control, I’m not surprised younger people can’t afford to save enough to buy one outright. I’m lucky to be older and I bought my current car at 0% interest in 2012. I’m keeping it until it gives up because I know we’ll never see that kind of deal again.
Its still sometimes possible. Manufacturers will periodically run 0% interest loans specials for people who qualify. Tesla (don’t actually buy one) runs the deals all the time actually.
Not often. Used cars, at least where I am, are all pretty pricey, and with rent and shit being out of control, I’m not surprised younger people can’t afford to save enough to buy one outright. I’m lucky to be older and I bought my current car at 0% interest in 2012. I’m keeping it until it gives up because I know we’ll never see that kind of deal again.
0% for a used car?
Nah mine was new but I think my ex only paid 1.9% on a used one. Interest rates were amazing.
No idea if it’s still the same nowadays, but I also bought a used car in 2013 at 0% interest. It certainly was possible then.
Its still sometimes possible. Manufacturers will periodically run 0% interest loans specials for people who qualify. Tesla (don’t actually buy one) runs the deals all the time actually.