Catch the Opportunity, Not the Bugs: the New Wave of 0% APR Car Deals Ever cursed at your clunker when it lets out its tenth death rattle while you’re desperately hunting for a car deal? Well, your long season of discontent might be ending. After months of car deal drought, it seems the rains are finally here! Automakers are cranking out 0% APR financing offers faster than hotcakes. A silver lining to the rather dark-ish cloud of average new car loan rates cheerfully sitting around 7%. But before you get the party poppers out, there’s a catch. Like that annoying twist in your favorite Netflix series. Remember, every rose has its thorn. These deals are nifty, no doubt, but they are not without their good, bad, and ugly sides. The Nitty-Gritty of 0% APR Car Financing: How It Works So, you ask, what is the wizardry behind this 0% APR magic? Well, it's all thanks to friendly auto manufacturers like Nissan Finance and Chrysler Capital, who sprinkle some fairy dust and “buy down” the rate for folks with strong credit. Sound like a charity? Absolutely not! They're investing strategically to rope in sales and give that excess inventory the boot. With supply chains finally mending their COVID-broken hearts, there's a decent hike in new 0% APR financing deals flooding the market. Just like spring follows winter, eh? Holiday Auto Financing Promotions: Unwrapping Surprises It kinda seems like automakers observe Labor Day and other holidays religiously, great news if you're looki… Read more