Any auto manufacturers selling new cars with no money down?
Question by Mike: Any auto manufacturers selling new cars with no money down?
I’m looking to buy a new automobile with no money down. My average gross income is somewhere in the 00/mo. range, and my credit is fair. I went to a Scion dealership, and I was told I could drive away in my choice of a brand new Scion with down. Scions are nice cars, but I’d rather drive something else. I’d like to save some money for a down payment, but I need a car now. Any other auto manufacturers currently offering a no-money-down deal?
Best answer:
Answer by G35_Tuner
Socal VW dealers are doing no down payment due at signing, check to see if your local VW dealers are doing that. A lot of dealers will do 0 down though if your credit is good enough and you can afford the larger monthly payments.
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Are you looking to finance or lease?
Most MAJOR dealerships can work with you and get you a car financed with no money down with out a problem.
Audi is offering a few different models with 0 money down on a lease including the A4 and A6. Both really nice cars. The A4 comes to $399 a month.
Volvo did offer the S80 for about $369 a month for 24 months with 0 down but I don’t see the offer anymore so I’m not sure if it ended.
Your best bet would of been maybe the Mercury Milan at $199 a month 0 down but that offer defintly expired.
you can get $0 down on any car at any dealership at anytime. if you have medicor credit you may need to put some money down to get financed but the dealership or car company has nothing to do with how much money you “need” to put down. dealers just want you to put money down so you will give them a deposit and it will give you a monthly payment you can actually afford. It also doesnt matter whether you lease or buy, Ford has never advertised a $0 down lease and the majority of lease deals i do are $0 down. The only thing that has to do with how much money you need down is your credit or if you want a lower monthly payment.
my friend got a VW Jetta for only $1000 down.