Need help. Interest rate on new GS430?
07-25-01, 07:18 AM
#1
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The new GS430 I'm buying is due at the dealer any day. 
The dealer has quoted me 7.25% on a 4 year loan.
Is this the best Lexus is offering?
What rates have you seen?
The dealer has quoted me 7.25% on a 4 year loan.
Is this the best Lexus is offering?
What rates have you seen?
07-25-01, 08:38 AM
#3
Lexus Fanatic
Marty,
for lexus loan, that is about right. i would try to get it down to at least 7% or lower because that was the quotation i got. but could be regional difference again
will
for lexus loan, that is about right. i would try to get it down to at least 7% or lower because that was the quotation i got. but could be regional difference again
will
07-25-01, 09:21 AM
#4
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I just looked over the rate I was given when we financed the GS430 over 5 years. 7.65% is what I see on the sheet. This was back in late May from Lexus up in NY. I am sure different regions like the South and West have cheaper rates. Best of luck Marty
07-25-01, 10:53 AM
#5
Lexus Champion
Lexus Canada Rates..
Marty,
Click this link for the rates we are getting up here just in case you are curious.. Click on promotions for the rates.. Good luck and congrats on finally getting the car!
Lexus Canada
Click this link for the rates we are getting up here just in case you are curious.. Click on promotions for the rates.. Good luck and congrats on finally getting the car!
Lexus Canada
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07-25-01, 08:03 PM
#8
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Have you considered a home equity loan? You can get one the exact size of your car, the interest will be lower then anything else you can get, and what interest you do pay is tax deductable.
I have several buddies who are CPA's, and they swear by it. They think a car loan is the worst investment you can make. I plan on doing this for my next hog.
I have several buddies who are CPA's, and they swear by it. They think a car loan is the worst investment you can make. I plan on doing this for my next hog.
07-26-01, 08:40 PM
#9
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Home equity line of credit
I used the home equity line of credit. It was only for 15k, at 7.9%. But I can figure about 30% less than that rate in the end, because I am writing it off at the end of the year. It is the best route to take, I think. It also depends on your loan to value ratio, which will tell what your able to get.
Mike
Mike
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