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0% for 5 years sounds smart when the borrower/buyer can earn more interest on the capital in his/her/its savings account or better. Warrantee in an inflationary environment keeps going up in value as well. Mazda for example has an unlimited 7 year warrantee. Some long distance commuters have 500000kms on their fully warranteed Mazda. Still Stupid?
On the flip side you can own a 400000km worn out rusty jalopy that is constantly breaking down. Parts are pricey, tools, and labour even more so. Downtime unproductive if not downright dangerous. Resale value virtually non existant once it busts.
I drive a 2007 4wd work truck most days getting 12mpg. I often think how silly I am because I could make payments on a 2019 Direct Injection Active Management dohickey Truck that Averages 23mpg with the fuel savings alone.
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