Several reasons:

1. I have been without a Mustang for almost 4 yrs because of insurance reasons and going back to college. I'm going crazy!
2. Getting a Mustang at such a discount because of the upcoming 2011's is a big reason I've decided to go with a 2010.
3. I doubt Ford will be offering such incentives on the 2011 Mustang even a year from now.
4. I love the sound of a supercharger. With my lower payments, I hope to have one installed on my 2010 within a year.

 

6 years? Damn. I wouldn't want to still be paying for a car when it's out of warranty. I went with 0% for 36 months.

 

cant you get it cheaper in cash? than the 28,800? maybe you can bring it down to 27,000 if you pay cash? and get a loan from the bank with no interest and pay the bank rather than your dealer...imo thats what i would do...i trust a bank better than a dealer with payments..i hate all that down payment stuff...im new at this so idk really

 

No. Either way the dealership gets all of the money up front. Whether you pay cash or you get a loan and the funder fronts the money.

 

Ha ha, I hear ya. I'll be looking to trade up to something better in a couple years anyway. I'm just interested in the lowest payment as possible till I get my student loan paid off. I figure with a even with a 72 month 0% loan I can stay ahead of depreciation.

 

0% is a great deal if you do plan to at least keep the car until you pay it off.

 

since I bought my car with 3,000 miles on it, it wasn't considered "new" so I am paying 5.4% on 60 months. It sucks but then again I got the car for $16,500 so I cant complain.

 

a 60 month loan on a 16k car, That does not compute. Maybe im old fashioned at my ripe old age of 22.

 

Argh.

Mine had 900 miles on it, so considered used. So, I am paying 5% for 72 months, too. Only had the car a few weeks.

It ticks me off knowing that 0% for 72 is available on new. That would have gotten me more car for the money. Going "used" did allow me to get the car for about $5k under the original sticker, though I'm sure I could have gotten at least $2k under sticker on a new one.

I don't think the 0 for 72 was available a couple of weeks ago, but maybe I'm wrong. I did much research, but maybe I missed that little tidbit.

 

Absolutely...and even if you can afford to pay cash it allows your money to keep earning(albeit not too much right now)...or more money for moddin'! 72 months is a long time though.