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An automotive shop that finances @ 0% on anything?

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Old Jul 29, 2011 | 12:56 PM
  #1  
JunctionBoyz's Avatar
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Default An automotive shop that finances @ 0% on anything?

"An automotive shop that finances @ 0% on anything?"

Where I work we finance in house with no interest on everything you can think of pertaining to vehicles. I just wonder why more people don't take advantage of it opposed to buying a new vehicle. I mean take this hypothetical scenario for example... An individual has a vehicle with leaking brake lines, a rattle in the top end of the motor, and the vehicle needs tires. The individual decides its time. So they take this "clunker" to the nearest dealership swap their vehicle in on lets say a new economy sedan, and pay $18k (they knew a salesman ) with a 6% (720+) rate over 5 years. Around $318 a month for the next 60 months, why not have had the "clunker" fixed and pay lets say $250.00 a month for 8 months?

Your thoughts please. lol
 
Old Jul 30, 2011 | 10:57 PM
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do you guys weld frames if they need to be welded
 
Old Aug 1, 2011 | 08:22 AM
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That's going to depend, basically it boils down to passing NY inspection. I see you're from Iowa, but there are some other liability issues as well. Shoot me a PM and we'll talk about the details of it.
 
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