Saved by Zero? Toyota extends 0% financing through November
Filed under: Car Buying, Toyota
We have good news and bad news to report regarding Toyota's 0% financing deal that's currently going on in the U.S. The Japanese automaker must be seeing positive results from the operation, as it's extended the incentive through the month of November. That's the good news. The bad? This announcement likely means that we'll all need to put up with the excruciatingly horrible "Saved by Zero" commercials that have been infecting our TV screens these last few weeks. *Shudder*
For the month of October, Toyota saw its average daily sales rate drop 24%. While that's surely not the direction in which the automaker would like to see its sales slide, that figure is dramatically better than that of General Motors, it's largest rival in the U.S., which posted declines of around 45%. It may be a shallow victory, but it's apparently enough that these financing deals will remain in effect on 11 models through all of November.
[Source: The Detroit News]
Saved by Zero? Toyota extends 0% financing through November originally appeared on Autoblog on Tue, 04 Nov 2008 08:01:00 EST. Please see our terms for use of feeds.
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