Use 0% financing to buy a 2012 Buick Enclave or GMC Acadia

Buick Enclave

You can score free loans for up to 60 months on a couple of well-reviewed midsize sport-utility vehicles, the Buick Enclave and GMC Acadia.

Compare that to the average cost of a 60-month new-car loan, which is 5.22% APR, based on our most recent survey of major lenders.

Sticker prices start at $37,425 for the Enclave and $33,510 for the Acadia, including destination charges.

If you borrow $30,000 at 0% interest over 60 months, the monthly payment would be $500.

If you take out a 60-month loan of the same amount at the national average of 5.22%, your monthly payment would be $569.

So taking advantage of a 0% APR deal could reduce your payments by about $70 a month. That’s a savings of about $4,200 in interest charges over the length of the loan.

It's why we think 0% financing is the best discount car buyers can usually get.

A free loan could actually make a new car more affordable than buying used.

An additional $500 in customer loyalty cash is also available to current owners and lessees of GM or Buick vehicles, in addition to the interest-free loan.

There are no hard-and-fast rules for how good your credit must be to qualify for 0% financing such as this, but we often hear that credit scores of at least 670 are needed.

Discount auto loans for the Enclave and Acadia are only available from Ally Financial or its GMAC subsidiary.

You must apply for those loans through Buick and GMC dealers and take delivery of a 2012 Enclave or Acadia from dealer stock by Feb. 29, 2012.

If you’re in the hunt for a new ride, use our 5 simple steps to the best deal on a new car or truck.

In addition, search our database of the best auto loan ratesfrom several other lenders in your area. It can help you score a good deal if you decide to buy a car other than a 2012 Buick Enclave or GMC Acadia.

Use our auto loan calculator to determine the monthly payment for any purchase and financing offer you're considering.

If you’re in the market for a preowned auto, take advantage of our 10 smart moves for buying a used car.

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