Improve credit and/or shop the rate around. My credit union is 5.99% for up to 60 months right now. $25000 borrowed is $483 for 60 months or $387 for 20,000 borrowed.

 

5.99% - 6.49% seems to be the best deal for 60 months right now.

 

Is there any chance within the next year there be a speacial offer for '0% financing'?

 

My credit union has 6.29% for 6 yr/72 months with decent credit.

 

There is always a chance. Even when they offer 0% its either 0% or rebate but not both. Most of the time you are better of taking the rebate and gettting your own financing most likely best rate through a credit union.

 

I seriously doubt that there will be another 0% financing offer by GM anytime soon. The last time I remember that happening was when GM almost declared bankruptcy alittle bit after 9/11 happened If they do offer 0% it won't be on a new 08 Tahoe. Those will be too hot of a commodity.

 

I tried the credit card approach and they would only allow me to charge 1k. The only way around this would of course be to us a convinence check that you write to the dealership or deposit into your own checking account and wait to clear before cutting the dealer a check. I have also seen dealers have their own special finance programs not associated with GMAC which GM finances through and they may have 0% at one time or another throughout the year. '08's probably won't come out until Aug/Sep timeframe so you have plenty of time to shop around. Only thing I would wait for in the '08 is the hybrid...but since you want to wait till the 2nd model year comes out, you would wait till the '09 hybrid was out! Good Luck.

 

Your best bet is to purcahase a late production 07'around the time the08's come out. That's when there are special interest rates on left-overs. You see this with every car manufacturer. This usually occurrs in Sept-Nov each year. With 25K down you have alot of wiggle room. The finance guys at dealer will always get you the lowest rate possible with that much money down.

 

Believe it or not, I had several finance folks tell me that the rate from Banks and GMAC was a little lower if you financed at least 30K.

 

My Credit Union offered .5 % discount if the dealership did the paperwork. The finance guy shopped around and found the best deal, called my Credit Union and they were more than happy to match it.