750 Beacon and I financed through Lexus at 5.2% for 60 Months...

 

Just to give you a comparision, back in May 2001 my IS3 was financed for $20,000 for 48 months 6.7% through the credit union, Los Angles, CA. i think Lexus Financial was offering 7.5 most lenders would not go below 7%. Let see, Bush W. took office and it was before 9/11.

 

Well, thx for the replies. Bottom line is, my credit scores range from 777 to 814. There's no way in hell I'm taking a note over 6%.

 

Shop shop shop! Good luck! You'll definitely come under 6% and probably much closer to 5%.

Cheers,
Kermee

 

I used a Credit card check with 3.9 until debt is paid in full. I am finding that is the only way I can get a low rate.

 

That's perfectly fine too. Just be aware that it shows up as a "revolving debt" load versus "installment debt" load on your credit report. To some people, it doesn't matter to them. (The former, being much more detrimental to your credit worthiness if you decide to apply for additional credit).

Cheers,
Kermee

 

Shop around at your local credit unions, I got them to match the best rate I'd found 4.40 for 36 months.

 

Some of you are getting really low rates, one relative who recenlty purchased a Lexus financed for 5.3% with a credit score well above 800.

 

You can't win with the credit reporters. Too much revolving debt and you get docked points. Too little (or none in my case... keeping a balance on a credit card is assinine and I refuse to do it despite this) and you also get docked.

 

I think 5.3% is a little on the high side for anything north of 800, especially if this was over a year ago. But how long was the note for? That makes a big difference as well.

 

No, not over a year ago, recenlty

I dont know how long it was financed for...

 

5-7 % very good for buying car! Look what happening in Russia:
Usual current 12-15% per year + each year you should pay for insurance 9-10%. So after 3-4 year car become GOLD.

 

Actually, it becomes a debt ridden, depreciating asset. But I get your point

 

my credit score almost 800 and they want to give me 6.25

so i end up paying it off