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October 2015 USA auto loan discussion

andrewket

Well-Known Member
Dec 20, 2012
5,704
1,525
I'm looking at new auto loan options, and thought I'd start a new thread for October 2015. I'm not seeing a tremendous amount of "good deals" right now. I'm curious if anyone can find better?

Capital One: 1.99% up to 60; 2.49% up to 72
USAA: 1.49% up to 36; 2.25% up to 60; 2.49% up to 84
Alliant CU: 1.99% up to 60;
Navy CU: 1.49% up to 36; 1.99% up to 60; 2.29% up to 72
Energy CU: 1.83% up to 60; 2.33% 72; 3.08% 84
Justice CU: 1.59% up to 36; 2.59% up to 84
Apple CU: 1.49% up to 36; 1.74% up to 48; 1.99% up to 60; 2.24% up to 72; 2.49% up to 84
Bank of America: 2.24% up to 60 (discounts available up to .50%)
Chase: 2.74% up to 48; 2.85% up to 60; 3.47% up to 72 (discounts available up to .50%)
Wells Fargo: 3.12% (don't know term; terrible web site)
 

Cattledog

Active Member
Feb 9, 2012
2,180
2,942
San Antonio, TX
I'm looking at new auto loan options, and thought I'd start a new thread for October 2015. I'm not seeing a tremendous amount of "good deals" right now. I'm curious if anyone can find better?

Capital One: 1.99% up to 60; 2.49% up to 72
USAA: 1.49% up to 36; 2.25% up to 60; 2.49% up to 84
Alliant CU: 1.99% up to 60;
Navy CU: 1.49% up to 36; 1.99% up to 60; 2.29% up to 72
Energy CU: 1.83% up to 60; 2.33% 72; 3.08% 84
Justice CU: 1.59% up to 36; 2.59% up to 84
Apple CU: 1.49% up to 36; 1.74% up to 48; 1.99% up to 60; 2.24% up to 72; 2.49% up to 84
Bank of America: 2.24% up to 60 (discounts available up to .50%)
Chase: 2.74% up to 48; 2.85% up to 60; 3.47% up to 72 (discounts available up to .50%)
Wells Fargo: 3.12% (don't know term; terrible web site)
I'd say in a historical timeframe beyond the last several years, those are stellar deals. We have 1.74% with Alliant and Pentagon Federal Credit Union on loans from 2012 and 2013. Both 72 month terms.
 

Max*

Charging
Apr 8, 2015
6,670
3,719
NoVa
I know that with Apple FCU those rates are only if you put down 20%. If you want to do 100% financing add in (I believe it was) 0.50% APR.
 

msnow

Active Member
Jul 14, 2015
4,951
2,236
SoCal
I got 1.49% for 48 months from Logix Federal Credit Union three weeks ago in CA. Not sure it's available in VA but you can check online.
 

asudan

Member
Oct 16, 2015
128
13
Phoenix, AZ
Alliant:

Credit Score 720-779 = 2.24% 60 MOS / 2.49% 72 MOS
Credit Score 780+ = 1.99% 60 MOS / 2.24% 72 MOS.

They will finance the entire sticker price. (You pay everything else out of pocket) and you have to have a debt-to-income ratio of 45% or less to be approved.

This information is as of Oct 10th.
 

diego

New Member
Jan 27, 2016
1
0
New Jersey
The rates keep on varying from time to time. I believe the only criteria is to go find a suitable option within your available resources. Trust is also a contributing factor. I got 1.99% APR from Aspire FCU ( New Jersey ) last month and I believe that was a good enough rate.
 

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