Quote:
Originally Posted by Sprinterboy
I Live in DC. It was painful enough to set up a bank account with Bank of America.
I've spoken to a few dealerships and they do have some compashion which is nice and may be able to help out with some sort of finance option as its not totally uncommon in this area.
Whats a good rate over here? Ive seen adds for 1.9%. Thats crazy low for a new car!
I'm still on the understanding that I'll have to work up a credit score for pretty much everything. so Credit card is the only way to go for me for now.
The bank was nice enough to give me a sizeable limit to start with. (after many calls from my embassy stating my employment/salary etc)
I just want to get behind the wheel and get to some track days. I miss my AE86!
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BoA! UGGGGH, run away, run away! I've never had a good experience with them, but of course YMMV. I only do credit unions these days, you might want to check one out, assuming you can get an account (they do have some member restrictions, but I think those have for the most part disappeared now). The advantage to a credit union is the are "nonprofit" and you are technically an "owner".
Lots of car loans available under 3% and a few under 2% so it wouldn't surprise me you are seeing one that low.