When buying a new car it is important to pay attention to some details, to the small print of the price. The first, that of the conditions that are required to benefit from the price of an offer that, in most cases, usually involves financing the purchase at the dealership.
The second is that of the monthly fee hook prices. More and more brands are trying to reach the customer by offering very attractive monthly installments. But it is important to analyze the conditions of this financing plan that, from our experience, usually involve high interest and unfavorable conditions.
But in the last few days we are looking at some offers that really are getting harder to find. We have seen some promotions with very low interest financing, such as some on select models from Opel, such as the Corsa, and also from Citroën, such as the C4 X.
In February some offers have emerged to buy cheap cars with very low interest, or even without interest, something unusual in recent months and years
The Fiat Panda that appears in the configurator images embedded in this article is that of the basic Hybrid 70 CV version.Finance a new car at 0% interest
The case at hand goes further and proposes to finance the purchase of a new car at 0% interest. These types of offers are becoming less common. And obviously to finance the purchase that Fiat proposes in this month of February at 0% interest, specific conditions must be met that go through finance a maximum of €6,000, in up to 24 months, and in vehicles in stock. The Fiat promotion, on the other hand, is limited to 500 units of stock cars.
Today Fiat has a significant stock of Panda from €12,713, in its Hybrid version (70 HP microhybrid engine) with ECO label. In an access version of the Fiat Panda like this one, financing €6,000 at 0% interest would mean financing practically half of the purchase of the car without interest.
And it would also mean savings of several thousand euros compared to a financing plan without interest and under less favorable conditions. Without going any further, in January we told you about the Fiat Panda offer from last month, in which my colleague Sergio calculated how, in order to obtain that fee, the final price paid for the vehicle, with commissions and interest, increased by €3,369. .
If in January the best offer for the Fiat Panda involved financing with a very low installment, but a high interest cost, the current offer requires financing a smaller part, but without interest
The promotion is especially interesting for those who can afford to buy one of Fiat’s stock cars by financing just €6,000 in 24 installments of €250/month, paying the rest in cash, or obtaining credit for the remainder with another financial institution under favorable conditions. Which at the moment is not too easy in consumer credit.
As alternatives to this Fiat Panda with ECO label:
- He Fiat 500 is also available from €14,513in stock units that can apply this 0% financing promotion and with micro-hybrid mechanics and ECO label
- He Opel Corsa part of the €15,600, being more expensive, but also a bigger and more spacious car. This month it is also available with a financing promotion with very low interest which, under the conditions proposed by Opel, means that financing the purchase costs us only €924.56 more than the advertised offer price and we save €1,076 compared to the spot price. But the Opel Corsa in this promotion does not have an ECO label
- He Dacia Sandero is available from €12,640 in its version with the ECO label and financing the purchase, under less favorable conditions than those mentioned in this article for Fiat, or those for Opel, and €13,640 paying in cash
More images of the FIAT Panda:
