Isn't there a catch to zero percent interest loans?
Like it just sounds too good to be true. "Here's a $40,000 loan for free!"
It actually factors out to be less than 1 percent but for the most part it really is just that easy.
No, if its from the manufacturer its legit.
Yes - speaking from the manufacturers point of view it literally comes out to be less than one percent. To answer other questions - if you miss a payment they will not jack up your rate (can only speak from TFS and FMCC experience) yes it is less than profitable. Yes the finance managers job is to up sell you warranties. Yes they will tell you it is conditional to get the specialized rate. No it is not true - if you're qualified for the rate you're good. No additional warranty necessary.