Hey just wondering if anyones heard if mitsu is gonna offer teh o% financing again this summer on the RS and IX EVO'z? I dint have the job last summer to be able to afford one but if that does happen i can pick one up in like 3 minutes now. If anyone knows id really appreciate the heads up. thanks!!

 

Not sure if they are or not but i will do some research.

 

I heard your credit had to be around 750 in order to get the 0% finance

 

The Federal Funds rate has gone up 2% over what it was set at at this time in 2005. So it would surprise me if Mitsubishi Finance would be able to offer 0% loans anymore. Maybe a low rate like a 1.99%, but probably not 0% again.

All just speculation on my part...

 

thats some bull if true...

 

I have 0% financing .

If the federal funds rate has ANYTHING to do with Mistubishi's financing is the real question, and it's highly doubtful. On the other hand i can't tell you what index and margin they DO use, so i may as well shut up now.

But to answer your question, they might do it again, but there is nothing to suggest it at this time.

 

It's not doubtful at all. The Federal Funds rate is the overnight rate the Fed charges lending institutions for loans. When the Federal Funds rate goes up, the cost of lending money goes up, and your intrest rate goes up.

 

Very true, if you are on a federal margin that is. Indexs are rarely federal anymore when there are so many more low, stable options, like the LIBOR or COSI.

 

cool thanks alot. Im really interested in getting a new evo but i cant really afford to unless its a zero percent for more then 4 years u know? so if anyone hears anything like that or even like 0.9-1.9 % i would really appreciate a chout out. Thanks alot.