Volkswagen offering 0% financing on all 2008 models

Volkswagen typically shies away from massive rebates, but tough sledding on the sales floor had led the German automaker to take drastic measures. All 2008 models can be had with 0% financing for a limited time, which should help VW dealers clear inventory before the '09 models arrive. The 0% deals vary in duration depending on the model, with most models receiving the special financing for 60 months. You can even get a GTI interest free for five years.

Almost every automaker is breaking the bank with incentives to keep declining sales and increased inventories in check. VW is one of the few automakers that fared fairly well in August sales, so something as drastic as 0% financing is a bit of a surprise. Given that the competition is doing it, though, the German automaker may just be keeping up with the Joneses.