0.0% APR - Anyone know the details?
December-9th-2001, 11:48 PM
#1
Indecisive Protege Owner Wannabie
Thread Starter
Join Date: Nov 2001
Posts: 220
0.0% APR - Anyone know the details?
I found out Mazda is having a 0.0% APR on all 2001/2002 cars until January 2nd, 2002.
Now, I am planning to make use of this on the purchase of a 2002 Protege5.
My dad has excellent credit and I'm planning to have him co-sign.
I understand, the "no monthly payments for 6 months" will not work with the 36 months 0.0% APR.
If I'm not interestd in the "no monthly payments for 6 months", is it possible for me to get 0.0% APR for 60 months? If not, what would my APR be?
Also, are they going to charge me some fee for every $1000 financed?
Now, I am planning to make use of this on the purchase of a 2002 Protege5.
My dad has excellent credit and I'm planning to have him co-sign.
I understand, the "no monthly payments for 6 months" will not work with the 36 months 0.0% APR.
If I'm not interestd in the "no monthly payments for 6 months", is it possible for me to get 0.0% APR for 60 months? If not, what would my APR be?
Also, are they going to charge me some fee for every $1000 financed?
December-10th-2001, 12:15 AM
#2
Protege Enthusiast
Join Date: Dec 2001
Location: Roseville/St Paul, MN
Posts: 300
When we got our car they didn't do 0% for 60 instead they did 4.9% this was in Oct so things may have changed but I think it's still the same. Don't know about the fee per 1000 dollars though I thought it was all included in the interest.
December-10th-2001, 01:04 AM
#3
Not slow, hp challenged
Join Date: Dec 2001
Location: Las Vegas, NV
Posts: 180
I too got my p5 in october and inquired about the 0% apr and the finance guy told me that it only applied to certain model mazdas and not the p5's. So I got the 4.9% as well. . . But i can remember reading a post where someone did get the 0.0%. hmmm. . .
December-10th-2001, 01:06 AM
#4
Indecisive Protege Owner Wannabie
Thread Starter
Join Date: Nov 2001
Posts: 220
I don't know about October, but for sure now, many places do talk to me about doing the 0.0% apr for Protege5s. They say only for qualified customers, I don't know if they are going to tell me about the 4.9% apr later or not.
December-10th-2001, 01:44 AM
#6
Indecisive Protege Owner Wannabie
Thread Starter
Join Date: Nov 2001
Posts: 220
Originally posted by TheMAN
I got my pro back in april and they had the 0% APR for 48 months thing or some rebate thing (wasn't much). I went ahead and took the 0% APR deal because it would come out overall cheaper. I co-signed with my dad. A few years from now I'll have good credit (haven't missed a payment) and I can buy I house, lol (I'll default on the payments with this shitty job I have, hahahahhaha)
I got my pro back in april and they had the 0% APR for 48 months thing or some rebate thing (wasn't much). I went ahead and took the 0% APR deal because it would come out overall cheaper. I co-signed with my dad. A few years from now I'll have good credit (haven't missed a payment) and I can buy I house, lol (I'll default on the payments with this shitty job I have, hahahahhaha)
December-10th-2001, 03:38 PM
#9
Registered User
Join Date: Oct 2001
Location: Princeton Junction NJ
Posts: 83
Originally posted by kenji4861
Did anybody have to pay a "fee" for every $1000 financed?
Did anybody have to pay a "fee" for every $1000 financed?
December-10th-2001, 05:47 PM
#10
Indecisive Protege Owner Wannabie
Thread Starter
Join Date: Nov 2001
Posts: 220
Arg... I'm calling all these different dealerships and they are all telling me different things.
Some say, Protege5s have no 0.0% APR financing.
Some say, 0.0% APR for 42 months, BUT you must pay $27 for $1000 financed
Some say, you have to come in to find out.
Some say, Protege5s have no 0.0% APR financing.
Some say, 0.0% APR for 42 months, BUT you must pay $27 for $1000 financed
Some say, you have to come in to find out.
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