After 9 years of being in the business, I can not beleive people still think that Special Financing and Rebates, either Dealer Cash or Customer Cash, is a good thing. The reality is, IT"S NOT !!!!!
Buying a vehicle that has either of both available, might look like a good idea, and it might "allow" you to "afford" a vehicle, wait to you either have to get rid of it, or you want to get rid of it. If you can't afford the car without 0.9% financing, your probably buying more than you should. If you think because you got $5,000 in rebates, plus you worked the dealer to buy it at invoice or really close to invoice, you got a deal, remember me telling you, you didn't !! Now, if you drive your vehicle into the ground, then yes, it might be good for you, but I don't see many people doing that. Must people buy a vehicle, drive it for a few years, and then they want a new one. There are several reasons for it: family got bigger/smaller, want the newest model, and the list goes on and on.
So, if you buy a $50,000 vehicle, but you reveived a $5,000 incentive on it, plus you got the dealership to discount the car another $3,000, your $50,000 now only cost you $42,000. What do you think the market for a year old, or two year old is going to be? If you got $8,000 off a brand new one, your trade-in value on it is $8,000 less right off the bat. There are certain sites that people swear up and down that are the holy bible, if it says it on the internet, it must be true!! Well it's not, they didn't take in consideration that the new version of your car is offering cash incentives, and no, your car is not in Excellent shape, most are not!!
This fire that was started by certain Automobile Companies to jump start the industry after 9/11, is a fire that they can't kill now!! And this fire is burning them not only on the profits on the new car, but it's pissing off the people that bought there car new, and no see that it's not worth what they, or the internet says it is !!!
FYI, coming from a car guy, 9 out of 10 times, your better off taking the money over the special financing. Your not going to most likely keep it till the loan is paid off, so why owe that incentive money on it?