EDMUNDS: ZERO-INTEREST FINANCING BACK IN MAY

was still 43 basis points above last year’s 5.67 percent. No-interest deals constituted 5.7 percent of financed transactions for the month, compared with 6.3 percent the previous year and just 3.2 percent in April, according to Edmunds. Bloated new-vehicle inventories may have encouraged the bump in lower-interest financing deals. ................
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