BTW tomorrow HUMMER is coming out with new incentives to blow through the 2008 inventory that is stacking up. 0% on all 2008 H2 and H3 models, and if you pay cash or have outside financing, there is $6k in rebates on the H2 and $7k in rebates on the H3 (insane). These do NOT stack on the 0% offer - it's either/or.

 

UGH! I just got mine last month. I'm getting the "I told you so" as soon as my husband hears this! Is it for 60 mos??

 

GM to sell Hummer! that's BS...

 

Not likely

 

O% is ALWAYS NICE!!!

 

Which would make more sense in the long run - 0% financing or $7000 off?

 

Depends on interest rate and length of time you finance. If you go to the bank or credit you will probably pay a little less than 6% interest on a new car loan. Without knowing exact numbers I would guess that the 7K would pay for about 3 years financing costs.

 

After thinking about it, I think I'd rather take the $7000 off. I'd be happier oweing a smaller amount with 6% interest than having a larger debt with 0%.

I just wonder if the dealers would be desperate enough to cave in to $7000 off AND 0% financing.

If anyone does go for it, it looks like you could actually get about $9000 off, according to what I saw on carsdirect.com. Wow.

 

We received a promotional flier today from our dealer. They are offering up to 20,000 miles of free gas, $8K min for your trade, and a voucher for up to $10K on a new purchase. Of course, the fine print on each promo says not combined with any other offer.

Here is a link tothe loan calculatorthat will compare a low interest rate vs. dealerrebates.

http://www.cars.com/go/advice/financ...&mode=full

 

Who's your dealer?