Tacoma's can now be bought for 60 month 0% interest

So today I got an email about buying a new 2020 SR5 Tacoma 2WD with 0% interest for 60 months. Great deal right! WRONG!!! Whats the catch well they just raised the asking price from last week buy 3000$. This sounds crazy but I checked the interest that they would make on this truck over 60 months with a 3.89% interest rate they would make exactly $ 2,856.43 from interest payments. Maybe some dealerships wont do something as sleazy as this one but never trust a deal just because it looks too good. You would be better off getting a better deal with a high interest rate because without interest their in no incentive to pay your lone off faster but with an interest rate attached you could potently save 1000$ or more by just making large payments for the first year.

 

Thats a good deal on the tires though!

 

Go open an account at a local credit union. Typically the best rates around. Then all you have to worry is about price.