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To: carranza2 who wrote (45939)	1/28/2009 10:18:57 AM
From: Maurice Winn	1 Recommendation Read Replies (3) \| Respond to of 219734

C2, while writing that, I was wondering about 0% interest [or even just 5% for mortgage loans], so I weaseled it by specifying the usual higher interest rate for such loans. Finance is of course not free, there are no free car factories, so, if 0% is offered by somebody, then it will be for a limited time for some weird or deceptive reason, such as the government mistakenly thinks they can save the world by declaring that there are in fact free car factories or the car makers are concealing the true cost of the finance in the price of the car meaning the money is paid by way of accelerated depreciation. 0% is probably a combination of the two at present, Sometimes, governments will come up with really dumb schemes such as the NZ student loans scheme which resulted in our son getting a free Mazda MX5 with no principal repayment requirements and no interest if he can stay within a certain low income category, which for 10 years he has achieved and at some stage they'll write off the loans [he thinks]. Mqurice