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It said it would offer zero percent loans for periods of less than five years on 23 models.
Through this week, G.M. is offering up to $1,000 toward paying off a Toyota lease, zero percent loans for 60 months or a $1,000 discount.
Last month, G.M. extended zero percent loans to deals up to five years on most of its vehicles, and Ford and Chrysler made similar offers.
The report confirmed that tensions in Europe had fallen markedly since the central bank issued more than 1 trillion euros ($1.3 trillion) in 1 percent loans to banks in December and again earlier this month.
The latest offers -- for everything from Chevrolet Cavaliers to Cadillac Escalades and Ford Focuses to Jaguar S-Types -- include zero percent loans, with no money down and no monthly payments until 2003, or else thousands of dollars in cash rebates.
Similar(55)
He was not interested in a zero percent loan, although he probably would have qualified for one.
He and his wife, a schoolteacher, received a 30-year, 103 percent loan for around $50,000, at 8.25percentt.
On a calculator, unbidden, he showed me how much I'd save on a $51,000 Corvette on a zero percent loan, instead of the conventional 7percentt.
How about a one percent loan?
Instead, customers had a choice: They could pay off the loan in full or accept a zero percent loan.
Russell Putnam, a legal-assistance attorney at Fort Stewart, says he often finds himself making a simple argument to soldiers: "A zero percent loan sure as heck beats a 36percentt plus or a 25percentt plus loan".
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