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What are the chances of GM extending 60month 0% financing?

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Old Sep 28, 2002 | 01:36 AM
  #1  
johnsocal's Avatar
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What are the chances of GM extending 60month 0% financing?

What are the chances of GM extending 60 month 0% financing beyond the remaining 2002 models and including all 2003 models.

Gm currently has 0% on 36month loans but no 0%/60 month on 2003's

Could October 1st start a new sales promotion?
Old Sep 28, 2002 | 08:21 AM
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I thought it was 0% for 60 mos on 2003's but I could have misunderstood. If the ecomomy remains soft and cars aren't sellling that well, I'd say there is a good chance.
Old Sep 29, 2002 | 08:55 PM
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Look to GM's next quaterly report. Specifically, look at theiur cash flow. It takes quite a toll on cash to forego interest. Given sufficient cash flow, I believe it will be there. Otherwise...
Old Sep 29, 2002 | 10:37 PM
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Watch the Markets crap tomorrow, then you'll have your answer.
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