if you financed a NEW (not used, not cert. pre owned, etc) car within the past 10 months, what kind of APR did you get??
I went to a Nissan dealer in NJ that gave me a really great price (they hardly would have made commission) but then wanted to charge me 12.9%! Needless to say, I took my bag and my FH and left....
jgl
Posted:
Member since
Re: CAR FINANCING POLL
my car was a lease and decided to purchase it. I financed it though Nassau Educators Federal Credit Union. I believe my APR is 5.9% or something like that. GMAC quoted me a much much higher rate.. i want to say 10 or more
HTH
futuremrsfab
Posted:
Member since
Re: CAR FINANCING POLL
ummm that's an excessive APR!
it seems like they gave you a really good deal on the car & were going to make their commission on your loan- very not cool. my company has an auto buying & loan program that are very good- if you want info, i can fm it to you.
040508Bride
Posted:
Member since
Re: CAR FINANCING POLL
wow i can't believe how many people are paying such a high interest rate.
just a tip....if you transfer your balance to a 0% apr credit card, you can save a lot of money. (Obviously you can only transfer as much as your credit limit allows)
minibride08
Posted:
Member since
Re: CAR FINANCING POLL
0% to finance... not sure if that's typical- we know the manager of the dealership
Mici n KC
Posted:
Member since
Re: CAR FINANCING POLL
Cars are tricky. When I bought my first car I had a high interest rate because I had no real credit. When I bought my next car a few years ago I got a lower rate. It really all depends on your credit the kind of interest rate you can get.
