with $0 down which would be better $500 incentive or 0% financing?? thanks.

 

Probably 0%. How long is the term of the loan?

 

I would think 0%...it's bound to save you more than $500...unless the term of the loan would make the payments out of reach.

 

0% no brainer

 

Ummmmmmmmmm.............................. 0%

 

FYI... I'm also looking at buying an HHR, and found that the current offers are $500 or 0% for 36 months on an 06, 07's start at like 2.9 for 36 months... and no cash incentives...


BTW - Great site, and love the information that I've gathered so far...

JeffD.

 

Wooo Hooo.....another person from Colorado.

to chevyhhr.net If there is anything I can do to help, please be sure to let me know. Look forward to getting to know you and seeing you around the boards. Please be sure to check out the Colorado threads in the South Mountain forum.

 

Assuming one would trade for $15,000 difference.
0% on $15,000 for 36 months comes to $416.67 / mo
2.9% on $15,000 for 36 months comes to $435.56 / mo.
Over 36 months, the total interest paid on 2.9% would be $680.16.
Only $180.16 difference.

 

First, you need to see how much they will actually loan at 0. And, I think you will be surprised at how little it will be. I just bought a new hhr (disguised as a Chevy Cobalt) and was prepared to pay cash. Just so I could run the numbers accurately, I asked for exactly what the 0% deal would look like. My credit is pretty solid and they still wanted 1/3 down. For the small savings I didn't want to hassle with remembering to pay another bill on time every month.

 

That's odd. There were quite a few people including myself who recently took advantage of the 0%. I financed 100% @ 0%. I wasn't hassled to put any money down.