Comments on: Lamborghini US to offer zero per cent finance

By: car finance advice

car finance advice — Fri, 23 Oct 2009 12:05:53 +0000

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By: rox

rox — Sat, 17 Oct 2009 09:03:59 +0000

just came back from the US and in most or all of the car commercials have advertised a O% APR for 60 months and some esp. the GMCs have 60 day satisfaction guarantee or money back, best of all they\’re very cheap!! wish we could have these kind of offers here

By: Hans

Hans — Thu, 15 Oct 2009 22:12:07 +0000

0% finance is just another way of saying if you pay cash for this car we’ll give you a very BIG discount. There’s no such thing as a free lunch. If you get a 0% interest loan on any purchase the price tag has been inflated to take into account of the cost of the loan. Don’t believe me? Offer to pay up front for any items offered “Interest free” at your local Harvey Norman’s, if you can’t negotiate at least a 15% discount then you’re not even trying!

By: Lukaas

Lukaas — Thu, 15 Oct 2009 22:09:01 +0000

Its redundant in the end, might be applicable to 1% of the Lamborghine/exotic car demographic.

Basically, it comes down to this.

If you are going to “finance” to buy a Lamborghini for self/individual use, then there is a problem. You can’t afford it…

There is a rare occasion that Exotic cars are used as “investment” tools, such as marketing etc. At that occasion, then its understandable. An example, a rental company that leases out exotic cars for short term. They obviously “buy” their cars under “investment” and are financed one way or the other.

By: Carz

Carz — Thu, 15 Oct 2009 12:49:44 +0000

Good scheme Lambo to offer zero percent finance hehehe Anyway, if you’re not that rich you just can’t buy this very expensive car. But still, good marketing…

By: Forza M

Forza M — Thu, 15 Oct 2009 10:32:30 +0000

The woodduck, this is a Lamborghini not a sh0t box hyundai, there is no discount.

By: The Salesman

The Salesman — Thu, 15 Oct 2009 02:13:54 +0000

The cost of borrowing money can not be completely eliminated. Of course you will find upon investigation the finance company will be charging Lamborghini a fee that I have no doubt will come from the sale of the car. Try getting the finance offer and a discounted price. You will be told you can have one or the other but not both.
Lexus have done this too so it is not a new idea.
Another finance offer that has been offered is 50 – 50. Pay 50% of the cars full retail price up front and then finance the difference at 0% with the first payment to be made after two years.
Anyone who can afford to spend this much money on a car would be a little more Savvy I think and would know how best to “invest” in a product with minimal cost to them.