Auto News
AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.

15/10/2009 | By: Colum Wood

l4270.jpg

Over recent years the offer of zero percent financing has become almost commonplace among domestic automakers, but now one of the imports is doing the same. What’s surprising isn’t that the automaker is from Europe, but (more specifically) that it’s from Italy.

That’s right, Lamborghini is now offering 0% financing on the LP640 coupe and roadster models, making them what must be the most expensive vehicles to ever get such a financing rate.

Now the deal isn’t about to attract Corolla shoppers, but it is quite enticing. On the $354,000 LP640 Coupe, it could make the difference between a $5,900 monthly payment (over 60 months at 0%) as compared to an almost $7,000 monthly payment ( over 60 months at 7%). That’s $1,100 a month!

The deal is the result of a new financing arrangement that Lambo has made with Woodside Credit and Volkswagen Credit. According to Lamborghini the zero percent offer is available over a term of 60 months for buyers who make a down payment of higher than 10 percent and who have a credit score of over 740. Those with a credit score of over 700 can enjoy rates from 5.99% for terms of up to 12 years.

“The Lamborghini Retail Finance Plan allows enthusiasts to finance one of most exclusive cars on the road at a more competitive rate than ever before,” said Pietro Frigerio, Chief Operating Officer of Automobili Lamborghini America, LLC. “We are pleased to continue our relationship with Volkswagen Credit as well partner with Woodside Credit, an established financing organization in collector and specialty cars, in order to provide several financing options to our clients.”

It’s official, being rich, just got better.

Official release after the jump:

Continue Reading…