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Tower, Everence, and NC SC/Sharonview have rates below 2.5%. I was looking at 36-48 month rates/
Loan Rates - Tower Federal Credit Union
Auto and motorcycle loans
NC, SC Credit Union Loan Rates | Sharonview Federal Credit Union
Please advise; this is my first new car auto loan:
Do automobile loans have:
1. processing fee
2. early termination penalty
3. other hidden costs
How does one furnish proof of insurance pre-delivery without VIN which is needed to obtain coverage?
Many thanks.
Smiles,
/Leslie Ann
No, should be no to all your questions. Can't speak for all the banks out there, but most reputable banks won't have any of those thing you asked for an auto loan.
Is there an active thread where people are discussing rates? I did a quick search but failed to find. In any event, Tesla financing just offered me 2.29 via Chase, which seems better than what had been offered at the time of the above thread. Obviously I know #coronavirus and all.
For what term? Best I've been able to get is 72 months @ 2.29% through Navy Fed. Didn't even bother with Tesla, but after seeing your rate I might try it out.
I think you have to be active military to use Navy FCU... right?
I initially received 2.99% for 72 months from Wells Fargo via Tesla yesterday. I asked them to check Chase and they came back with 2.24% for 72 months.
Tell me how this works? So you just apply 1 time for a loan through Tesla? Then you tell Tesla to go quote different banks? Or you go on your own to 5 different banks (at the cost of 5 credit pulls)
Do you recall how long it took to get back to you?I applied through Tesla and after I got the initial quote from Wells Fargo I emailed [email protected] and asked them to check Chase.