Financing help needed.

errett · 06-06-2010, 01:27 PM

Quote:

Originally Posted by Ry244

Spoke to my dealer the other day and he is expecting my car in this week. Ive been driving company vehicles for the last 15 years so this is my first new car purchase. Wondering how the process works for financing the car?? Anyone finance NOT through the dealer?? What is a good interest rate today?? I read something about dealerships offering 0% to move more cars. Mine was a special order so not sure how much play there will be. Any help is appreciated! Thx!

Talk to your bank. I always hate doing the financing at the dealer, they are so pushy. You should be able to get financing under 4%.

E

PapoZalsa · 06-06-2010, 01:54 PM

Quote:

Originally Posted by errett

Talk to your bank. I always hate doing the financing at the dealer, they are so pushy. You should be able to get financing under 4%.

Also do a search online, must FCU only requires that you open an account with them with a minimum of $5.00.

I always get a pre-approved loan before I go to buy a car. That way the stress is way less than to having to deal with the Finance Department that most of the times will try to screw you unless they have a good APR already advertise by the manufacturer.

Some credit union have low rates but for short period of months. The APR will depend on the months you are planning to finance and your credit report. Try to do all your loan application the same day that way your FICO score don't suffer.

For example USAA will send you a pre-approved (blank) check and all you do is take it to the dealer.

For example in my area:

USAA - 3.99% APR 60 mths
Navy Federal FCU - 2.99% APR 48 mths
NWS FCU - 3.75 APR% 60 mths

GL with your new purchase!

FuszNissan · 06-06-2010, 10:21 PM

Quote:

Originally Posted by PapoZalsa

Also do a search online, must FCU only requires that you open an account with them with a minimum of $5.00.

I always get a pre-approved loan before I go to buy a car. That way the stress is way less than to having to deal with the Finance Department that most of the times will try to screw you unless they have a good APR already advertise by the manufacturer.

Some credit union have low rates but for short period of months. The APR will depend on the months you are planning to finance and your credit report. Try to do all your loan application the same day that way your FICO score don't suffer.

For example USAA will send you a pre-approved (blank) check and all you do is take it to the dealer.

For example in my area:

USAA - 3.99% APR 60 mths
Navy Federal FCU - 2.99% APR 48 mths
NWS FCU - 3.75 APR% 60 mths

GL with your new purchase!

Great post

PapoZalsa · 06-06-2010, 10:28 PM

Quote:

Originally Posted by FuszNissan

Great post

Thanks I need some rep. points.

Ry244 · 06-09-2010, 10:28 AM

Quote:

Originally Posted by PapoZalsa

Also do a search online, must FCU only requires that you open an account with them with a minimum of $5.00.

I always get a pre-approved loan before I go to buy a car. That way the stress is way less than to having to deal with the Finance Department that most of the times will try to screw you unless they have a good APR already advertise by the manufacturer.

Some credit union have low rates but for short period of months. The APR will depend on the months you are planning to finance and your credit report. Try to do all your loan application the same day that way your FICO score don't suffer.

For example USAA will send you a pre-approved (blank) check and all you do is take it to the dealer.

For example in my area:

USAA - 3.99% APR 60 mths
Navy Federal FCU - 2.99% APR 48 mths
NWS FCU - 3.75 APR% 60 mths

GL with your new purchase!

Thanks, good info.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Financing Options	r3zon8	Nissan 370Z Pricing / Ordering Discussions	9	09-02-2009 12:43 AM
Special Financing	Threev8s	Nissan 370Z Pricing / Ordering Discussions	22	08-19-2009 10:15 AM
About the PenFed Financing.......!	khsysh	Nissan 370Z Pricing / Ordering Discussions	23	05-27-2009 07:03 PM
Financing	AshburnZ	Nissan 370Z Pricing / Ordering Discussions	6	05-22-2009 10:00 PM
3.75% APR financing	g96818	Nissan 370Z Pricing / Ordering Discussions	3	05-17-2009 07:54 PM