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Should I do this?

Perhaps at some dealers, or it's another line that they give people to make more money. Either way, there are plenty of us here that got 0% and a nice dealer discount. I lost a $1250 rebate by going with the 0%, nothing else. And I know that because I switched to 0% after initially going with as much discount as possible without the 0%. Only lost the factory rebate of $1250, still got the dealer discount and $2000 additional off from additional coupons (such as penfed). My dealer discount was about $9500 and never changed during the whole process.
I ended up getting almost 17% off of msrp AND 0%, which was worth another 4500.
 
I ended up getting almost 17% off of msrp AND 0%, which was worth another 4500.

Nice job, solid deal for sure and especially with the financing. I got a little over 16% off but I was very happy with that for a factory order with the 0%. Without 0% I would have been a little over 18% but clearly it wasn't worth it.
 

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