Kia is allowing buyers to make a one-off up-front payment of 50% with no interest and no payments for the next 24 months on some models.
Kia is allowing buyers to make a one-off up-front payment of 50% with no interest and no payments for the next 24 months on some models. Newsdesk Media

Car companies dangling finance carrot to buyers

CAR companies are enticing buyers with alluring finance offers.

Kia Motors Australia today launched finance package which allows buyers to make a one-off up-front payment of 50% with no interest and no payments for the next 24 months.

At the end of the two-year interest-free period owners have the option of paying out the balance of the vehicle, entering into a new finance arrangement for the balance of the vehicle or trading it in on a new vehicle.

The special finance deal, to run through February, is available on Optima (with the exception of MY13 Platinum models), Carnival S and Carnival Si petrol from participating dealerships.

It's the latest deal follows some ultra low finance offers - some even zero per cent. 

Nissan also has an intriguing offer available with its new Pulsar. It's a leasing arrangement similar to systems used in the United States.

The deal enables buyers to place a 10% deposit and then pay a monthly fee ($299 for ST models, $399 for ST-L and $499 for Ti). At the end of three years (and within 45,000km) the buyer has three options: Use the guaranteed value to trade into a brand new Nissan; keep the car by refinancing or paying out the owing balance; or return the car with no more to pay. 

Nissan's Pulsar deal is open to registrations until March 31. 


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