Well, I've been shopping around for a new vehicle (or two), and have visited the local Mazda dealership several times.
I get regular e-mails from the sales rep., always anxious to make a sale...no problem.
The latest incentive he tells me about is a $3,000 instant rebate for a cash sale, or 0% financing for 60 months. Not both of course.
This whole 0% financing stuff is prevalent all over the industry, not just at Mazda.
I find it a bit of a scam, to be honest, and was wondering what others think.
I pointed out to my sales rep that in essence, I have to pay an extra $3,000 for the car if I finance it (at 0% of course). I do not get a rebate or discount.
$3,000 is certainly not 0% in my book.
He then tells me that he "forgot" to tell me that there is a $2,000 rebate for finance customers. How convenient.
I kindly point out that it will still cost me $1,000 to finance it (at 0%....lol).
Of course he tells me there is more room to negotiate discounts on cash sales.
What a crock.
I remind him (nicely) that there is no such thing as free financing. SOMEBODY has to pay. Nobody lends money at 0%.
He's still towing the Company line, but it just bugs me that so many car dealers push this 0% financing crap,
when in fact you are paying more for the vehicle just to get this so called 0%.
Lots of people fall for it too.
Thoughts?
I get regular e-mails from the sales rep., always anxious to make a sale...no problem.
The latest incentive he tells me about is a $3,000 instant rebate for a cash sale, or 0% financing for 60 months. Not both of course.
This whole 0% financing stuff is prevalent all over the industry, not just at Mazda.
I find it a bit of a scam, to be honest, and was wondering what others think.
I pointed out to my sales rep that in essence, I have to pay an extra $3,000 for the car if I finance it (at 0% of course). I do not get a rebate or discount.
$3,000 is certainly not 0% in my book.
He then tells me that he "forgot" to tell me that there is a $2,000 rebate for finance customers. How convenient.
I kindly point out that it will still cost me $1,000 to finance it (at 0%....lol).
Of course he tells me there is more room to negotiate discounts on cash sales.
What a crock.
I remind him (nicely) that there is no such thing as free financing. SOMEBODY has to pay. Nobody lends money at 0%.
He's still towing the Company line, but it just bugs me that so many car dealers push this 0% financing crap,
when in fact you are paying more for the vehicle just to get this so called 0%.
Lots of people fall for it too.
Thoughts?
