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Wow, 0% financing?
Outwardly it looks like a great deal, and for some it is, but if you are truly looking to save some money there are a few things you ought to know before jumping at that 0% financing offer.
0% Financing Doesn’t Always Save You Money
If a rebate is offered as an alternative to 0%, you will likely save money by taking out a Texas DPS Credit Union auto loan and accepting the dealer’s rebate instead of the 0% financing offer. The chart below demonstrates what those who qualify for the dealer’s 0% offer could save if they chose the dealer’s rebate instead of the 0% financing offer, while taking out a Texas DPS Credit Union auto loan.
Many Don’t Qualify For 0%
Another thing you should know before jumping at the 0% financing offer is that only a handful of customers will qualify for the offer. If you are among the majority that would not qualify, don’t be pressured into their alternative offer. Contact Texas DPS Credit Union and we will help you make a decision on the best loan available to you. If you find yourself pressured into signing at the dealer’s higher rate, don’t fret. Check with Texas DPS Credit Union about refinancing your loan.
Just Remember
The dealer’s 0% offer is not always the best route to take if you are looking to save money. Always check with Texas DPS Credit Union first. We will run the numbers for you to help you make a decision on what is the best financing option available to you.
Contact the Texas DPS Credit Union Loan Department
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