- Joined
- Aug 11, 2002
- Messages
- 928
ZERO PERCENT COULD HAVE ZERO LIFE AT GM
General Motors may pull the plug on its zero-percent financing programs
when current offers expire on Sept. 3, the Detroit News reports. The daily says dealers have been notified that the no-interest financing for 2002 models will end after Labor Day, although GM will continue to offer loans with interest rates as low as 1.9 percent on everything except the Corvette, while rebates will stay in place except for trucks, where rebates will fall to $2000. GM will set new plans after the holiday weekend; Ford has already said it will extend zero-percent financing and rebates to Sept. 30, as has Chrysler.
General Motors may pull the plug on its zero-percent financing programs
when current offers expire on Sept. 3, the Detroit News reports. The daily says dealers have been notified that the no-interest financing for 2002 models will end after Labor Day, although GM will continue to offer loans with interest rates as low as 1.9 percent on everything except the Corvette, while rebates will stay in place except for trucks, where rebates will fall to $2000. GM will set new plans after the holiday weekend; Ford has already said it will extend zero-percent financing and rebates to Sept. 30, as has Chrysler.
