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Old 02-05-2013, 03:25 PM
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jrs.landscaping jrs.landscaping is online now
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Join Date: Mar 2012
Location: Maine
Posts: 2,332
Quote:
Originally Posted by z71tiger View Post
You think no one is profiting off of 0%? Why would someone offer 0%? First, to get 0% you are paying full retail, no discount. Second, statistics show that 88% of people will not pay that loan off in time and start paying the outrageous interest rate that dates all the way back to when the loan originated. Bottom line, banks will get money.
This isn't always the case. Our Walker's were discounted by $600 each and we still received 0% for 48. Maybe because we have a good relationship with both the dealership and finance company, it never hurts to explore all options when purchasing equipment.
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