Which lender has the lowest new auto financing rate?
#1
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Which lender has the lowest new auto financing rate?
Hey all,
I was wondering if you guys could help me out with which company has the lowest finaning rate right now?
The best one I found so far is the 4.5% from bank of america for 60 months.
I did a calculation and found that getting the $2k incentive is better than getting the 2.9% Infiniti is offering if i can get 4.5% or lower from other lenders.
I was wondering if you guys could help me out with which company has the lowest finaning rate right now?
The best one I found so far is the 4.5% from bank of america for 60 months.
I did a calculation and found that getting the $2k incentive is better than getting the 2.9% Infiniti is offering if i can get 4.5% or lower from other lenders.
#2
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That's not really a question anyone here can answer, as the credit analyst in question has final say. The advertised rates are not the ones offered to the BEST customers. Your best bet is to shop around and see what you can do.
Just remember that if you are rate shopping, buy a car quickly, as these are hard inquiries, and a lot of hard inquiries in a short period of time are okay, but if they're spread out, your credit WILL suffer.
Just remember that if you are rate shopping, buy a car quickly, as these are hard inquiries, and a lot of hard inquiries in a short period of time are okay, but if they're spread out, your credit WILL suffer.
#3
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That's not really a question anyone here can answer, as the credit analyst in question has final say. The advertised rates are not the ones offered to the BEST customers. Your best bet is to shop around and see what you can do.
Just remember that if you are rate shopping, buy a car quickly, as these are hard inquiries, and a lot of hard inquiries in a short period of time are okay, but if they're spread out, your credit WILL suffer.
Just remember that if you are rate shopping, buy a car quickly, as these are hard inquiries, and a lot of hard inquiries in a short period of time are okay, but if they're spread out, your credit WILL suffer.
Good point. Thanks for the input Mike.
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Well Infiniti is already offering 0% on the 09 coupes here in Dallas so they might offer 0% over there.
http://www.crestinfiniti.com/june/index.htm
http://www.crestinfiniti.com/june/index.htm
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