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October 2015 USA auto loan discussion

andrewket

Well-Known Member
Dec 20, 2012
5,704
1,543
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
Supporting Member
Feb 9, 2012
2,347
4,518
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.
 
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.
 
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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