August was a fantastic month for auto-makers. The upward sales trend continued and shows signs that September will be an even better month with the full introduction of new vehicles. If you’re someone who is looking to put themselves into a car, then August also had some great news for those seeking a car loan.

The Detroit Free Press has put out a report showing that one out of every ten new cars that were purchased in August were financed with a 0 percent loan. That makes it the highest percentage of interest-free car loans this year. Another report with Edmunds.com shows that 8.5 percent of car sales were bought with 0 percent financing during the first eight months of 2012.

Truecar.com’s vice president Jesse Toprak said of the figures, “This is the best of both worlds. Automakers can offer low interest-rate programs at little cost to themselves and consumers can take advantage of these offers and get a lot of car for their month.”

It gets clearer every month that the time to get that car you keep talking about is now. Come on into Bayside Chrysler Jeep Dodge and drive away with the vehicle you’ve been wanting. Like us on Facebook and follow us on Twitter to stay up to date on the latest in industry news.

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