I was wondering if maybe some of you guys that are financing through South Coast or one of it's affiliates could post some of the rates you're getting? Maybe if you could list the score, terms, and how much you're putting down? I'm just wondering if they might be competitive with my other sources because if they are, not only would that make the transaction a bit easier, but I'm sure Mark would appreciate financing through them as well. Thanks!

 

Read this whole site

http://www.carbuyingtips.com/

I think i am gonna get a 2% loan from my credit union, i would never go through the dealer... anything over 4% is to much IMO

 

Thanks. I've read a few sites and I understand that credit union is the way to go. unfortunately, my credit isn't the GREATEST. not bad by any means, but I'm certainly not getting any of the rates you listed. lol. I've also used plenty of calculators and what not. I'd just like to know what they are offering to some of you guys and I'd like to avoid going straight to South Coast and having them pull my credit for something that may not appeal to me. Any info is appreciated.

 

whats your credit rating?

 

If you have good credit (700 and above) You should get something like 5% max. If below, your best bet may be with the dealer, but feel free to call around. A couple of places checking on your credit is not bad, just don't let 20 different dealers do it.

 

credit unions are more flexable than most ppl think.
I refered a friend to my credit union who had jacked up credit. He got a loan for the car but due to his credit it was around 7.5%
mine was much lower due to decent credit but my friend went to a dealer b4 the credit union and he was at best at a 16%

 

Just read the website i posted before, it changed the whole way i go about buying cars.

 

I have excellent credit (~750) and the best new car rate that I got a month ago (for a 2006 Pilot) is 5.5% from EECU (Educational Employees Credit Union), and that was with a 0.5% reduction for setting up automatic payments. Interest rates went up again on July 1st. Unless you get special financing directly from the manufacturer, I don't think you'll do much better than 5.5-6%.

 

2-4 year will lower it, i plan on paying this car off very fast. Under 2 years, it will be harsh but worth it in the long run. My only problem is finding a dealer who will stop trying to fee me out the door. I could end up going with the a online dealer.