Auto Loan Rates
Thread Starter
Driver School Candidate
Joined: Jan 2003
Posts: 18
Likes: 0
From: LA
Auto Loan Rates
Just curious as to what many of you were able to get your auto loan rate at ....
My credit union is currently running an unadvertised special ... they will beat any auto loan rate (local or national) that I find by 1 % point. The lowest I have found for a 5-year auto loan is at Farm Bureau Bank (found at bankrate.com) which is offering 4.48 %. Therefore, my rate will be 3.48 %. Anybody else know of a lower rate than 4.48 % so that I can bring it by to my credit union and have them beat it as well?
How's insurance for the GX 470? I currently have a IS 300 and I pay $1015.00 for full coverage annually (100/300/100 coverage). Is the GX 470 cheaper regarding insurance, since it is not a sports sedan?
Also, on average, what is your monthly note?
Great website. Glad I found it.
Rock Hard
My credit union is currently running an unadvertised special ... they will beat any auto loan rate (local or national) that I find by 1 % point. The lowest I have found for a 5-year auto loan is at Farm Bureau Bank (found at bankrate.com) which is offering 4.48 %. Therefore, my rate will be 3.48 %. Anybody else know of a lower rate than 4.48 % so that I can bring it by to my credit union and have them beat it as well?
How's insurance for the GX 470? I currently have a IS 300 and I pay $1015.00 for full coverage annually (100/300/100 coverage). Is the GX 470 cheaper regarding insurance, since it is not a sports sedan?
Also, on average, what is your monthly note?
Great website. Glad I found it.
Rock Hard
My dealer hooked me up with 3.9% for 60 months through Chase. No additional handling charges. Pretty smooth and they have electronic payment. My bank dropped .5% by just asking, but the dealer still found this deal.
Insurance is around $800/year with multi-vehicle (3 more) and the house insurance with the same carrier. This one has the wife as the primary driver.
Insurance is around $800/year with multi-vehicle (3 more) and the house insurance with the same carrier. This one has the wife as the primary driver.
Thread Starter
Driver School Candidate
Joined: Jan 2003
Posts: 18
Likes: 0
From: LA
3.48 % is for 60 month loans. I saw a 3.99 % loan (e-loan), but it was only valid for 36 month loans, which would have been nice for me, as my credit union would have gone to 2.99 %, but again, its only for 36 months, and I don't feel like having a payment of over $800 + a month.
The only catch is, you must have excellent credit. Anything over 720 is considered excellent.
Just heard the feds might reduce the rates again. Will this have a big impact on car loans?
Rock Hard
The only catch is, you must have excellent credit. Anything over 720 is considered excellent.
Just heard the feds might reduce the rates again. Will this have a big impact on car loans?
Rock Hard
Originally posted by jpa2400
3.48 % is going to be hard to beat.
Any tricks, like are they offering that on 24-36 month loans only? Or must have the best credit "those who have a rating of 750+"
3.48 % is going to be hard to beat.
Any tricks, like are they offering that on 24-36 month loans only? Or must have the best credit "those who have a rating of 750+"
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