Z - Zero percent finance

Monday, June 05, 2006

Zero percent finance - In order to shift slow-selling cars, manufacturers may fund monthly payment schemes which offer 0% finance. Over the course of the loan, this type of arrangement can save significant amounts of money for the buyer. However, you may well have to put down a larger deposit than normal in the first place.







Glossary

Want to know the difference between your APRs and your PCPs? Our Glossary will guide you through the minefield of car-buying terms.