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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (198506)10/18/2002 1:10:34 PM
From: Joan Osland Graffius  Read Replies (2) of 436258
 
Earlie,

I took my car to the doctor yesterday for normal maintenance. They are offering zero interest for 5 years on new cars. I talked to one of the salesmen and asked him to give me a price on a low mileage used car where they had a new one in stock. He had a unit with 24,000 miles that had been used by one of the managers. The used car was 37% discounted to the new one. He said I could get zero interest financing for 3 years for the used car. These guys are hungry. I did not try and deal as I was just looking at what was economically going on at the dealer.

I bet these folks that bought into the zero financing for 3 years last summer are not very happy. The auto industry is teaching the public to wait and things will get cheaper - sounds like Japan to me.

Joan
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