0% financing April 2015 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

enzia35 · 04-19-2015, 01:06 PM

My local dealership is running some Camaro with 0% financing 60 month, including a '15 1le. Maybe some other dealerships are too? Look around.

roorback · 04-19-2015, 02:47 PM

I believe that's the national incentive at the moment.

Balasarius · 04-19-2015, 03:41 PM

It's right on the Chevrolet website.

Lowes48 · 04-20-2015, 08:53 AM

Here in Canada right now its 0% for 84 Months financing.

Backspin9 · 04-20-2015, 10:14 AM

Wow, 7 years is long time to make payments. I know (some) Camaro owners are different and keep their cars longer, but still, I could never do that. My payments started in March and I wanted to do a 3 year loan. I ended up doing 4 years but may pay it off early. I hate car payments.

stoopid · 04-20-2015, 10:43 AM

Quote:

Originally Posted by Backspin9

Wow, 7 years is long time to make payments. I know (some) Camaro owners are different and keep their cars longer, but still, I could never do that. My payments started in March and I wanted to do a 3 year loan. I ended up doing 4 years but may pay it off early. I hate car payments.

Who cares how long? At 0% it's not costing you anything.

baum · 04-20-2015, 12:32 PM

Quote:

Originally Posted by stoopid

Who cares how long? At 0% it's not costing you anything.

At 7 years your car has depreciated alot

stoopid · 04-20-2015, 01:00 PM

Quote:

Originally Posted by baum

At 7 years your car has depreciated alot

Yes but it depreciates anyway. At least you're not paying interest on it. The terms can be lowered from 84 months, that's just the max offered at the 0%. [even if not you can pay off early, which is allowed in 99.99% of loans nowadays] It's a great deal, and if someone WERE to want a keeper for a long time, then this is perfect. It's win win win no matter how you look at it.

The trade-off is you're paying closer to full sticker, only negotiating that can happen is whatever you can get the dealer to knock off. If someone's going in with little money down and wants to keep their monthly payments low this is a perfect deal. That interest compounds over time, enough such that the $500-2500 you might have gotten back with normal incentives will be less than the savings at 0% over the course of the loan.

Backspin9 · 04-20-2015, 01:20 PM

Quote:

Originally Posted by stoopid

Who cares how long? At 0% it's not costing you anything.

My point was that you are still making a payment every month. I would rather have my car paid off sooner than later.

MATTESONDM · 04-20-2015, 01:27 PM

0% at 84....that would be a ZL1 for me! lol

Lowes48 · 04-20-2015, 01:32 PM

I got my 2015 SS/RS for Dealer Invoice at 0% for 84 Months. I will only be driving the car for 6 months a year and dont plan on putting more than 5000 KM (Canada) on it per year. That means when the car is paid off, it will have very little K's. I plan on keeping this car for a minimum of 10 years. So it was a good deal for me but maybe not for someone else. To each is own.

stoopid · 04-20-2015, 01:41 PM

Quote:

Originally Posted by Backspin9

My point was that you are still making a payment every month. I would rather have my car paid off sooner than later.

But at 0% you can make additional payments to pay it off early, at no cost to you. Or would you rather pay 1.9% so you can pay it off at 4 years on paper?

CamaroBody · 04-20-2015, 03:37 PM

Quote:

Originally Posted by Backspin9

Wow, 7 years is long time to make payments. I know (some) Camaro owners are different and keep their cars longer, but still, I could never do that. My payments started in March and I wanted to do a 3 year loan. I ended up doing 4 years but may pay it off early. I hate car payments.

You must be new to financing. At 0% you are pay ZERO interest which is why that 0 is before the percentage symbol. 84 months of 0% interest means you have 84 months to pay off the car without interest. Since you hate financing and car payments go ahead and pay off the car whenever you want.

Talk to your dad about how the financing of your Camaro works because it will help you later in life.

Backspin9 · 04-20-2015, 04:05 PM

Quote:

Originally Posted by CamaroBody

You must be new to financing. At 0% you are pay ZERO interest which is why that 0 is before the percentage symbol. 84 months of 0% interest means you have 84 months to pay off the car without interest. Since you hate financing and car payments go ahead and pay off the car whenever you want.

Talk to your dad about how the financing of your Camaro works because it will help you later in life.

What are you, like 8 years old? I know how financing works.

And my dad died in 1983, so GFY. Asshole.

04-19-2015, 01:06 PM	#1
enzia35 Drives: '16 Garnet Red 1SS Join Date: Mar 2014 Location: College Station, TX Posts: 3,449	0% financing April 2015 My local dealership is running some Camaro with 0% financing 60 month, including a '15 1le. Maybe some other dealerships are too? Look around. __________________ '16 Camaro 1SS '18 Miata GT Gone: '01 Camaro, '14 Camaro, '90 Miata

04-20-2015, 01:27 PM	#10
MATTESONDM Drives: 2004 Dodge Ram SRT-10 Join Date: Jul 2014 Location: Indian Head, MD Posts: 307	0% at 84....that would be a ZL1 for me! lol __________________ 2004 Dodge Ram SRT-10

04-19-2015, 02:47 PM	#2
roorback Drives: V8 permagrin Join Date: Jul 2008 Location: here Posts: 618	I believe that's the national incentive at the moment.

04-19-2015, 03:41 PM	#3
Balasarius Drives: 2015 ZL1 Join Date: Mar 2015 Location: SF East Bay Area Posts: 129	It's right on the Chevrolet website.

04-20-2015, 08:53 AM	#4
Lowes48 Drives: 2015 2SS/RS Join Date: Feb 2015 Location: Nova Scotia, Canada Posts: 8	Here in Canada right now its 0% for 84 Months financing.

04-20-2015, 10:14 AM	#5
Backspin9 Drives: The red one Join Date: Jan 2015 Location: Henderson, NV Posts: 317	Wow, 7 years is long time to make payments. I know (some) Camaro owners are different and keep their cars longer, but still, I could never do that. My payments started in March and I wanted to do a 3 year loan. I ended up doing 4 years but may pay it off early. I hate car payments.

04-20-2015, 01:32 PM	#11
Lowes48 Drives: 2015 2SS/RS Join Date: Feb 2015 Location: Nova Scotia, Canada Posts: 8	I got my 2015 SS/RS for Dealer Invoice at 0% for 84 Months. I will only be driving the car for 6 months a year and dont plan on putting more than 5000 KM (Canada) on it per year. That means when the car is paid off, it will have very little K's. I plan on keeping this car for a minimum of 10 years. So it was a good deal for me but maybe not for someone else. To each is own.