By simpson-henry | On 06/12/2016
When things get tough in the auto industry, auto loans start being made for zero interest as a means of roping buyers into the dealerships. For an every suspicious public, it might seem like there is something fishy going on. So, is there?
The quick answer to the question is that there is not anything fishy happening. The financing is rarely offered by the dealer. Instead, it is offered by the car company that makes the vehicle. This means there is a profit margin between what the company incurred in building it and what the dealer pays for the vehicle.