Mak­ers show zero in­ter­est

Flag­ging sales may get a much-needed lift from cheap fi­nanc­ing

Herald Sun - Motoring - - Car News -

for a three-year term ends on Au­gust 15. El­i­gi­ble mod­els ex­clude the Cruze CD, Cruze Equipe and 4x2 Colorado utes. Buy­ers won’t have to pay a de­posit but Holden has other terms and con­di­tions.

Nis­san’s 1.4 per cent deal runs un­til the end of Au­gust and cov­ers the Max­ima sedan, 370Z sports coupe and Pathfinder and Mu­rano SUVs. Honda’s zero per cent is also de­posit-free but is only on hy­brids: the In­sight, Civic and CR-Z.

The low in­ter­est of­fers are de­signed to boost sales on flag­ging mod­els. The cam­paigns mir­ror strate­gies used in the US from 2008 in the wake of the global fi­nan­cial cri­sis.

US car com­pa­nies’ in­ter­est rates have re­mained fiercely com­pet­i­tive.

Bar­gain drive: Re­nault has wiped its in­ter­est rate on loans for cer­tain mod­els, in­clud­ing the Me­gane hatch

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