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Thinkin of getting a legacy sedan ltd GT


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just found this as I dug a little deeper :)

 

LEGACY

 

0.0% APR FINANCING UP TO 24 MONTHS ON ALL 05 LEGACY MODELS

Subject to credit approval, vehicle insurance approval and vehicle availability. Not all customers will qualify. No down payment required. Financing = $41.67 per month, per $1,000 financed. Must take delivery from dealer stock by June 30, 2005. See participating dealers for details.

 

 

CUSTOMER CASH REBATE

Now through June 30, 2005 - select models are available with Customer Cash up to $1,500. You must take delivery from dealer stock by June 30, 2005. See your participating dealer for details. Cannot be combined with Customer Cash.

http://www.subaru.com/media/image/spacer.gif

2005 Legacy 2.5i model up to $1,250

2005 2.5i GT models $1,500

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yea there's a catch or was....1500 at normal finance rate and 500 with low finance rate ;)

 

my dealer didn't want to do both (the 500$ off and low rate) at which point I went with slightly used for about 4,000 better than his offer which covers my first year depreciation

 

Was ready to sign papers too

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0.0% APR FINANCING UP TO 24 MONTHS ON ALL 05 LEGACY MODELS

Subject to credit approval, vehicle insurance approval and vehicle availability. Not all customers will qualify. No down payment required. Financing = $41.67 per month, per $1,000 financed. Must take delivery from dealer stock by June 30, 2005. See participating dealers for details.

 

How can this be 0% financing when there is a $41.67 per month per $1000?

I dont get it? Shouldnt it be $0 per month financing charge?

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Am I missing something?

 

for 24 months, at 41.67, financing all $30,000 of the Legacy GT Limited's sticker price,

 

You would have 24 payments of $1250.10.

 

I can't afford that payment. Not many people I know could. I hope that is half or a 2/5ths of the term of the loan. 48 to 60 months.

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