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Zero percent loans are free money if you're the buyer , but not if you're the carmaker, which has to pick up the tab for such offers just as it does with traditional cash-back rebates. Provided you can find and qualify for a zero percent car loan, it sounds like a no-brainer.What are the best deals on cars?
More on Best Car Deals. The majority of car deals feature low-rate financing, which reduces the interest you have to pay on your auto loan, or cash back offers that lower the price of your new car. The best financing offers are zero percent deals that eliminate interest charges for the life of the car loan.