No money down car loans are also called no cash down or zero down car loans, Borrowers who have a good credit score of 700 or above often have the best chance at getting a loan. These zero down loans are much easier to obtain if the lender feels like you're paying a fair price for the car, have a trade-in,
Cars for No Money Down and No Credit Check: Bad Credit Auto Loan Advice. Car shoppers who don't understand how interest rates work can be enticed into driving a vehicle off a lot in exchange for nothing but the promise to pay an ever-growing debt. But financial experts can easily point out how these kinds of zero money down offers get American car buyers and families into trouble.
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Use Rebates for Zero Down Car Deals. A fact of nature is that a new car loses 20% to 25% of its value practically the minute you drive the vehicle off the lot. If the no money down car loan was for the full price of the car, the customer would be paying for a loan that is 20% to 25% more than the value of the car.
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