Auto Center » Auto Loans » Zero Rate Auto Loan

Zero Rate Auto Loan

As a member-owner of Truliant, you deserve options that will benefit you. We are excited to announce an auto loan program that may save you money on your monthly payment and lower your total cost of financing. Best of all, you can use our Zero Rate Auto Loan on the purchase of a new vehicle, as well as on a used vehicle or to refinance an existing loan!

  • New, used or refinance
  • All makes and models
  • Lower monthly payments
  • Lower total cost of financing
  • Finance up to 60 months
  • Normal credit qualifications

Some manufacturers’ promotions offer the choice of 0% financing, a $4,000 rebate or a combination of both on new vehicles. While these manufacturers’ promotions seem unbeatable, credit limitations will apply and only certain makes and models are eligible for the promotion. Below is a comparison and you can save even if there is no manufacturer’s promotion.

In contrast, Truliant’s Zero Rate Auto Loan requires normal credit qualifications and allows you to finance all of your interest up front, saving you money on your monthly payment and lowering your finance cost. If you are thinking about buying a used vehicle or refinance an auto loan you have somewhere else - this loan also works.
Now that’s unbeatable!
  

Below is a comparison of a manufacturer’s 0% financing, $4,000 rebate with a conventional loan and $4,000 rebate with Truliant’s Zero Rate Auto Loan, with a 60 month term. Even if there is no manufacturer's promotion, you can still save with a Zero Rate Auto Loan! 

  Manufacturer's 0% Conventional Loan Zero Rate Auto Loan
Vehicle Price $26,000 $26,000 $26,000
Vehicle Price After Rebate $26,000 $22,000 $22,000
GAP Insurance $349 $349 $349
Cost of Financing $4,000 (paid by rebate) $3,813 $3,108
Loan Amount $26,349 $22,349 $25,199
Interest Rate on Monthly Payments 0% 6.38% 0%
Annual Percentage Rate (APR) 0% 6.38% 5.47%
Monthly Payment $439 $436 $420
Total Cost of Purchase $30,349 $30,162 $29,199

Subject to credit approval. Conventional loan comparison based on average Truliant auto loan rate as of 5/01/2009. For Zero Rate Auto Loan: cost of financing includes mandatory GAP insurance ($349) and varies based on loan amount (GAP insurance optional on other types of financing); maximum loan amount of $30,000; maximum term 60 months; prepayment of finance charge also available.

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