rgzimmer said:Shop around. I went to Lendingtree.com first, got four quotes between 3.75 and 4.25, then went to a local credit union that I qualified for and got 3.65 preapproved.
When I sat with the finance guy at the dealer, we found that his dealership was authorized to start loans through my CU so we both ended up happy and I got the best rate around at the time.
Of course, that was two years ago. I don't think those rates are available now. :dunno:
The key is to shop around. You won't get the best rate from a dealer unless you've done some homework.kobechrome said:Those rate are definitely not avail right now. The best deal you'll get is in the 4.75-5 range with excellent credit (score > 750)
Adjustable rate car loans, you've got to be kidding me :rofl:!! Where the heck have I been. What's next, interest only car loanschuck92103 said:Also, be careful when comparing rates, some of the rates quoted on this thread made be for adjustable rate car loans as opposed to fixed rate.