Despite its appeal of the phrase "interest-free auto loan, most buyers are looking warily at the rate of 0%. How else? After all, we understand that the free cheese is only in a mousetrap. Can we assume free credit mousetrap? Or maybe it's their generosity vladeltsevavtosalonov and our fears were groundless? Let's try to consider the interest-free loan from the opposite side. It is obvious that banks are not willing to give loans at 0%. Therefore, the interest rate for the client is to finance a car salesman himself.
And here are several options: 1. In order not to remain at a loss, the seller raises the price on the over-the- free loan car. Obviously, in this case, interest-free credit to call any way possible. 2. Seller offset its costs through rebates, which could provide the buyer in the case of buying a car without credit. In other words showroom in this case simply reduces their margins and earning due to the increase in sales volumes.
Now many car dealerships in Moscow, and Moscow region, too, given the growing competition, will be happy to this is going. In any case, buying a car on a particular scheme, you should be aware that this is still a loan. This means that you need to be prepared and additional costs: the complete car and life insurance buyer, and account maintenance fees, etc. As we see a clear answer to the question: "What is an interest-free loan?" – Is difficult. In each case the answer would be his. To determine what is right for you or a motion for Lending simply calculate the payment for each month and add them. Of course keep in mind all the additional expenses: maintenance of accounts, registration and renewal of insurance, etc.