Quote:
Originally Posted by WRXGuy1
I got 2.99% @ 72 months going through the dealer, which went through Chase.
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One must ask: What would your rate
and financing expense have been if gone directly to Chase?
The worst advice I read above is taking money out of a 401K plan. That would be VERY expensive.
Another question was: "Would my credit score be better if I had a co-signer?" NO. Maybe AFTER you have paid off the loan. "Would the RATE be less?" Maybe or Probably Not. One just gets to have the opportunity for the rate discussed at the time.
Would I EVER co-sign for a loan? NEVER! Not even for baby daughter - unless she just got an MBA from Harvard and has a five year contract from a top ten law firm in New York. But then she wouldn't need a cosigner, or a car.
Best place for a loan: Shop around. Things keep changing. Be sure to check with a local Credit Union.