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fbodfather · 05-17-2009, 01:41 AM

If anyone replied to this post with a 'NO' -- I'd really wonder about where they're coming from.

Here's the problem with zero percent financing.

Take the example that TAG uses --

......the part you're missing is the additional interest on that monthy savings.

..............see-- GMAC -- or Ford Motor Credit - or any captive finance company -- does not offer zero percent financing as an act of kindness.

SOMEONE has to pay for that -- and it comes right from the Divisional Budget -- meaning that you're talking thousands of dollars in additional incentive money to do that.

We DO have low interest financing OR a rebate on most cars -- those that are not selling as fast as we'd like.........

.............but looking at our financials --(we're losing billions...) why would anyone with any business acumen offer zero percent financing on a car that has people threatening me and many others with bodily harm if we don't build (and ship!) their new Camaro two months ago?

So yes -- it would give a 'sales lift' -- but at an even bigger loss............

05-17-2009, 01:41 AM	#29
fbodfather Drives: Camaros................ Join Date: Oct 2006 Location: Seven Fields, PA (Pittsburgh) Posts: 4,523	If anyone replied to this post with a 'NO' -- I'd really wonder about where they're coming from. Here's the problem with zero percent financing. Take the example that TAG uses -- ......the part you're missing is the additional interest on that monthy savings. ..............see-- GMAC -- or Ford Motor Credit - or any captive finance company -- does not offer zero percent financing as an act of kindness. SOMEONE has to pay for that -- and it comes right from the Divisional Budget -- meaning that you're talking thousands of dollars in additional incentive money to do that. We DO have low interest financing OR a rebate on most cars -- those that are not selling as fast as we'd like......... .............but looking at our financials --(we're losing billions...) why would anyone with any business acumen offer zero percent financing on a car that has people threatening me and many others with bodily harm if we don't build (and ship!) their new Camaro two months ago? So yes -- it would give a 'sales lift' -- but at an even bigger loss............