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October 2015 USA auto loan discussion

Discussion in 'Off Topic' started by andrewket, Oct 6, 2015.

  1. andrewket

    andrewket 2014 S P85DL, 2016 X P90DL (soon 100)

    Joined:
    Dec 20, 2012
    Messages:
    5,046
    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)
     
  2. Cattledog

    Cattledog Active Member

    Joined:
    Feb 9, 2012
    Messages:
    1,708
    Location:
    San Antonio, TX
    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.
     
  3. Max*

    Max* Autopilot != Autonomous

    Joined:
    Apr 8, 2015
    Messages:
    4,872
    Location:
    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.
     
  4. msnow

    msnow Active Member

    Joined:
    Jul 14, 2015
    Messages:
    4,237
    Location:
    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.
     
  5. asudan

    asudan Member

    Joined:
    Oct 16, 2015
    Messages:
    127
    Location:
    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.
     
  6. diego

    diego New Member

    Joined:
    Jan 27, 2016
    Messages:
    1
    Location:
    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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