I saw this on a thread somewhere that a couple of people used this to fiance their evo's. Did any of you guys this? Thanks

https://www.penfed.org/productsAndRa...wAutoLoans.asp

 

I havent used them yet but I plan to when I get my evox, they got outstanding rates.

 

my friend just swapped over to PenFed. He tried to work with his current bank , by tellin them about their rates and was turned down. He then made a account with PenFed and hasnt had any problems...

 

I guess you guys are in the military or have family who are?
https://www.penfed.org/howToJoin/overview.asp

 

haha I didnt know that^^^ I'm a firefighter, so I'm not normal...

 

I think its says on the website you can pay $20 a year to join if you are not in the military. Can anyone else confirm?

 

Yes this is true. I posted about this a few months ago and called to verify. I'm in the Reserves and it's working great. 4.25% for 60 months.

 

It's a one time $20 donation.

I have their rewards credit card. 5% cash back gas, 2% groceries, 1.25% everything else.

 

Okay, cool but do you have to qualify with your credit to get the auto loan or just make the donation? I have good credit but since I'm only turning 20 my credit history is small, only a couple years long. I have a high score If i do, I'm on my way to get the evo x in 9 hours!!!

 

Call them up

They have some of the best customer service I've ever run into from a bank

 

Wow i might have to re finance.

 

Penfed usually pulls Equifax and they generally won't bite until around 680 or higher. But if you're looking for a used car DEFINITELY give them a shot. For a new car, you can probably do better through Mitsubishi Credit.

 

Oh ok, yeah. Well a 680 shouldn't be a prob. Like I said, the the credit history is small. But I'ma call rite now when I get out of work and see what they say. If I get approved, I'm going to south coast mitsu or my local dealer(15 min drive or south coast is 35 min drive) and working that deal tonight or this weekend for sure!

 

Another quick question you guys, I have a blue 08 cvt gts, no navi or anything, just basic, how much do u guys think i will get for it? I dnt want to lose money on it, since I already know im losing the few thousand I put down.

 

gl on the buy-looks like penfed has some great deals!