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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Jim Willie CB who wrote (7509)2/9/2004 10:08:23 PM
From: Roads End  Read Replies (2) of 110194
 
Autos and zero interest is simply marketing. GM is making a killing on their financing business. The interest is loaded in the price of the vehicle they sell at "zero interest"

At the auto show this weekend I noticed prices for comparables roughly the same price as last year but what stood out was the number of new improved models at significantly higher prices. These no doubt have higher margins built in to the zero interest allure.
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