Wave a Solemn Goodbye to Cheap 84-month Loans, Shoppers

They’re still out there, just not in the same concentration as before. Two weeks after the U.S. auto industry restarted production in force, long-term, no-interest loans are becoming as hard to find as Lysol wipes.

At General Motors, which wooed many a truck buyer with zero-percent/84-month financing during the coronavirus lockdown, the good times seem to be over for buyers. However, some lucky individuals might be saved by timing.

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  • FreedMike Cool. Keep 'em coming.
  • Jalop1991 Proof that people are stupid. "Hey, here's a $7500 point of sale discount! EVERYONE gets it! See? So the number we show you on the sale order is $7500 less than it would have been otherwise!" but we all know that $7500 was already added onto the price up front to start with.Because people are stupid.I hear plenty of people talk about "I wouldn't pay MSRP for a car under any circumstances. I have to have a discount." Ummmm....OK. Here's the new MSRP. Here's your discount. "That's better!" The same guy would turn down a brand new Corolla for $3000 if that were the MSRP.We all know these cars are overpriced at least $7500. This whole thing is a handout to the auto companies, using morons as the intermediaries.
  • Jkross22 Fugly. I don't care how good it drives or how fast it is.
  • Kwik_Shift_Pro4X Making it even more unaffordable and less desired. See what happens.
  • MaintenanceCosts Has the EU indicated the basis for treating different OEMs differently?