Yes, you can get 0% interest rate loans on a wide variety of vehicles. But, don’t think you’ll get the best price when the dealer throws all of it’s might behind getting every dollar it can out of you. Times are tough as these recent headlines show:

General Motors scrambles to save $15bn as car sales plummet

GM to cut jobs, sell assets, raise cash to survive

Car slump weakens US retail sales

And those were all hot off the press! The news is not pretty. Now if you absolutely need to buy a vehicle right now I recommend you round up the cash and buy something someone has to unload at a fire sale. You’ll save thousands even when compared to an interest free loan. If you can’t pay for your car outright then try to put down enough of a deposit that you can get a loan on a used vehicle. You just wouldn’t believe the bargains that our out there.

Finally, if you must buy new then press the dealer for a low interest rate, if any, and a low price! They’re desperate to move cars (and trucks!).

Happy driving.