Let's talk financing rates

[omgwtfbyobbq]

Point Loma Credit Union is still offering 66 months at 2% with ACH/DD into a checking account and autopay from that checking account.

 

[Marsnaut]

How did you qualify for membership?

I joined by signing up for AARP ($12 first year, but just remember to cancel).

 

[PoitNarf]

Made my first of many payments to FPCU today. Yay car payments...

 

[insaneoctane]

Made my first of many payments to FPCU today. Yay car payments...

Yeah. I would normally pay mine down quicker when feasible to get it over with.... But with 1.89% I don't know how I would not justify doing something more productive than that.... Which means that I probably won't get away from my payments early

 

[voip-ninja]

Made my first of many payments to FPCU today. Yay car payments...

Be happy interest rate you got is still historically near record lows. You are getting a nearly interest free loan.

It wasn't all that long ago that auto interest rates were more like 10%. At that point you're just better off paying cash for the best vehicle you can afford.

 

[Ludalicious]

Be happy interest rate you got is still historically near record lows. You are getting a nearly interest free loan.

It wasn't all that long ago that auto interest rates were more like 10%. At that point you're just better off paying cash for the best vehicle you can afford.

Unfortunately that never helped anyone get laid

 

[ryanm3]

Hi, Anyone find good financing rates in Florida? thanks much!

 

[RyanDe]

Just got 1.49% from www.lfcu.com

 

[chowfun]

Got 2.15% 60 mo or 2.4% 72mo with auto pay at Suffolk Federal. Valid for 45 days. Not sure which to go with.

 

[zoiks66]

Has anyone in the Boulder/Denver area of Colorado found a credit union with good rates?

 

[Avic]

Just got 1.49% for 72 months with $0 down! FedChoice Federal Credit Union

 

[autospy]

FedChoice Federal Credit Union

FedChoice is impossible to qualify for unless you are a government employee (or contractor). They are very strict and there is no backdoor way in, so I wouldn’t even bother. I tried.

 

[Mikecall4121]

Just got 1.49% for 72 months with $0 down! FedChoice Federal Credit Union

FedChoice best posted rate for 72 month is 2.49% how did you manage to get 1,49%? please elaborate. Thx

 

[hoang51]

Just got 1.49% from www.lfcu.com

You conveniently forgot to expand upon what that 1.49% APR is for. For those who found the rate low, yup, it's only for 24-36 months.

 

[hoang51]

Just got 1.49% for 72 months with $0 down! FedChoice Federal Credit Union

Are you sure it's not 2.49% APR for 72 months? Their posted rate is 2.49% APR... They could probably knock it down 0.25% to make it 2.24% APR at best according to their website... Please update on how you managed to get 1.49% APR for 72 months with $0 down. Thanks.

 

[WierdMobile]

Now is the Time to Join - General News - News | FedChoice Federal Credit Union

if you apply for an Auto Loan and/or a Signature Loan during your first 30 days of membership, we'll give you a 1.00% APR discount off our already low rates!

The fine print says they won't lower the rate below 1.49%, but if you can get in and aren't already a member, this looks like a pretty nice deal.

 

[hoang51]

I have to admit that the Lightstream thing worked really out to be pretty easy. I ended up getting 1.89% for 72 months via their rate beat program. I sent them documentation and received confirmation of my new terms by morning. Most everything I did through them was very quick (application, rate beat, amount tweaks, acceptance and funding). I am supposed to have the money deposited into my account tomorrow for a Saturday delivery. I just emailed my ISA who changed me to cash. Tomorrow I will get a cashier's check from my bank and all should be good in the universe (knock on wood). I love no lien on insurance too.

Where did you initially get a quote that was > 1.89% APR for 72 months such that Lightstream beat it? It looks like you got a 1.99% APR for 72 months elsewhere.

 

[hoang51]

Now is the Time to Join - General News - News | FedChoice Federal Credit Union

The fine print says they won't lower the rate below 1.49%, but if you can get in and aren't already a member, this looks like a pretty nice deal.

Thanks for pointing that out. I'm not a member, but I am a federal employee. I'll look into taking advantage of this 1.49% APR for 72 months offer... This beats out 1.99% APR for 60 months at PTOFCU that I was originally going for.

 

[Avic]

FedChoice is impossible to qualify for unless you are a government employee (or contractor). They are very strict and there is no backdoor way in, so I wouldn’t even bother. I tried.

You also qualify if an immediate family member is one of those things. My dad works for a government contractor and was able to join with no problems

 

[Avic]

FedChoice best posted rate for 72 month is 2.49% how did you manage to get 1,49%? please elaborate. Thx

Yup, as someone else pointed out there’s a bonus 1% rate discount if applying for a loan within 30 days of becoming a member