Often times car dealers would put up promotions to entice more customers by putting up a 0% interest rate for the first year. This would be a great starting point for first time buyers wanting to purchase a car of their dreams. It gives them a chance to pool their excess money saved during the promotional period and be able to pay easier on the forthcoming years to come. Through Car Loans there are great possibilities buyers and dealers alike can make out of loans. It would be advantageous to both of them where a mere few thousand dollars off would be beneficial in a slumping economy.