0% financing 48+months this summer???
Jun 1, 2006, 08:31 AM
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0% financing 48+months this summer???
Hey just wondering if anyones heard if mitsu 
is gonna offer teh o% financing again this summer on the RS and IX EVO'z? I dint have the job last summer to be able to afford one but if that does happen i can pick one up in like 3 minutes now. If anyone knows id really appreciate the heads up. thanks!! 
is gonna offer teh o% financing again this summer on the RS and IX EVO'z? I dint have the job last summer to be able to afford one but if that does happen i can pick one up in like 3 minutes now. If anyone knows id really appreciate the heads up. thanks!!
Jun 1, 2006, 08:59 AM
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The Federal Funds rate has gone up 2% over what it was set at at this time in 2005. So it would surprise me if Mitsubishi Finance would be able to offer 0% loans anymore. Maybe a low rate like a 1.99%, but probably not 0% again.
All just speculation on my part...
All just speculation on my part...
Jun 1, 2006, 11:37 AM
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Originally Posted by ECix
I heard your credit had to be around 750 in order to get the 0% finance
.If the federal funds rate has ANYTHING to do with Mistubishi's financing is the real question, and it's highly doubtful. On the other hand i can't tell you what index and margin they DO use, so i may as well shut up now.
But to answer your question, they might do it again, but there is nothing to suggest it at this time.
Jun 1, 2006, 01:38 PM
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Originally Posted by KOEvo
I
If the federal funds rate has ANYTHING to do with Mistubishi's financing is the real question, and it's highly doubtful.
If the federal funds rate has ANYTHING to do with Mistubishi's financing is the real question, and it's highly doubtful.
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Jun 2, 2006, 10:44 AM
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Originally Posted by aklucsarits
It's not doubtful at all. The Federal Funds rate is the overnight rate the Fed charges lending institutions for loans. When the Federal Funds rate goes up, the cost of lending money goes up, and your intrest rate goes up.
Jun 5, 2006, 07:18 PM
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cool thanks alot. Im really interested in getting a new evo but i cant really afford to unless its a zero percent for more then 4 years u know? so if anyone hears anything like that or even like 0.9-1.9 % i would really appreciate a chout out. Thanks alot.