I bought my car but i'm choosing to get it financed outside the dealership.. i have a couple of days... any suggestions?

did everyone who financed ... did you get it from the dealer?

Thanks

 

I stuck with Lexus Financial because I've purchased several vehicles via Toyota Financial (the same company) and I've had a great relationship with them over the years. Also I got a great deal (they reward repeat customers) so it was a win-win for me.

 

Finance rates are typically dictated by your credit score. I found the best rate through my credit union. I think the dealer is Toyota financial is competitive with regular banks chains, but usually you can't beat a credit union.

 

Credit Union. They beat the dealer by a point for a six year loan.

 

I went through Costco. Although a credit union is a little better, I didn't want to commit to one. The difference in monthly payment was small enough (IMO) that's why I decided to go with Costco.

 

Lexus financial. They beat my cap one rate. Did not try credit union this time as I am not a member of any.

 

Lexus Financial is general pretty competitive. Make sure you're comparing current rates to current rates rather than old accounts since interest rates are going up.

 

Check out Eloan.. they can give you a rough estimate of what you "can" get... then take it to Lexus, they'll match or beat it. Mine beat it by .1 %.

 

My local credit union had a special for 4.99%

 

Same here. Top Credit rating and Lexus Financial = 6.09%

 

Went through my credit union. Lexus couldn't beat them (i have great credit).

 

Credit Union - my Credit Union is financing below 5% for new cars.

 

I just checked, my CU is offering 4.70% for up to 60 months.

 

Lease it!