Subaru financing or use something else? - Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community

chenshuo · 12-14-2012, 02:20 PM

Should I stay with Subaru Financing (rate is 4.9% for my four year financing) or should I get a loan somewhere else? What are you guys doing? I find the Subaru rate to be outrageous. With 4.9% after 4 years i'll be paying more than 3 grand just in interest. My Altima coupe was financed at 0.65% with Nissan...

diirk · 12-14-2012, 02:25 PM

It sounds like you answered your own question....

chenshuo · 12-14-2012, 02:49 PM

Quote:

Originally Posted by diirk

It sounds like you answered your own question....

?? how did i answer my own question?

diirk · 12-14-2012, 02:54 PM

Quote:

Originally Posted by chenshuo

?? how did i answer my own question?

"I find the Subaru rate to be outrageous."

Seems to me that you find the rate outrageous. Therefore, find a lower rate.

chenshuo · 12-14-2012, 03:06 PM

Quote:

Originally Posted by diirk

"I find the Subaru rate to be outrageous."

Seems to me that you find the rate outrageous. Therefore, find a lower rate.

... hence i'm asking what everyone on here uses....

Lithandril · 12-14-2012, 03:13 PM

Try through your bank and see what rates they'll offer, but usually the dealer rates are a little bit lower

djdnz · 12-14-2012, 03:34 PM

The 2 or 3 year financing was like 1.9% when I was looking. I paid cash so I don't remember really.

Zgrinch · 12-14-2012, 03:41 PM

http://www.pedfed.org

1.49% APR

If you are not military or Gov employed, it costs only 20 bucks to join.

Good luck

Edit - just realized you are in Canada.. not sure but may still work

chenshuo · 12-14-2012, 03:44 PM

Quote:

Originally Posted by djdnz

The 2 or 3 year financing was like 1.9% when I was looking. I paid cash so I don't remember really.

2 year financing is 2.9%, 3 year is 3.9%, 4 year is 4.9%. I wish I have $33000 in cash to buy my BRZ.

Quote:

Originally Posted by Zgrinch

http://www.pedfed.org

1.49% APR

If you are not military or Gov employed, it costs only 20 bucks to join.

Good luck

Edit - just realized you are in Canada.. not sure but may still work

I'm in Toronto Canada

thorlius · 12-15-2012, 12:02 AM

Quote:

Originally Posted by Lithandril

Try through your bank and see what rates they'll offer, but usually the dealer rates are a little bit lower

Banks always offer me car loans at 11%+. 4.9% is average for cars that aren't on clearance through dealerships, in my experience. I am pretty sure the rate on my FR-S is 6%.

pheoxs · 12-15-2012, 12:58 AM

Quote:

Originally Posted by thorlius

Banks always offer me car loans at 11%+. 4.9% is average for cars that aren't on clearance through dealerships, in my experience. I am pretty sure the rate on my FR-S is 6%.

Used and New car loans and sometimes treated differently. Also my FRS is 2.7 through Toyota...

Skurj · 12-15-2012, 03:10 PM

Toyota credit is also 4.9% for the scion atm for a 5yr (or at least it was when i placed my order a few weeks ago)

wparsons · 12-17-2012, 12:37 PM

I checked my banks, and neither could come close (as ridiculous as that is) to the 4.9% Toyota was offering.

Nazarite · 12-17-2012, 01:13 PM

Credit unions and USAA are the methods I'm planning to rock. Don't know that either of those are helpful to you though, sorry man.

12-14-2012, 02:20 PM	#1
chenshuo Senior Member Join Date: Nov 2012 Drives: WRB BRZ Location: Toronto Posts: 1,260 Thanks: 259 Thanked 473 Times in 245 Posts Mentioned: 8 Post(s) Tagged: 0 Thread(s)	Subaru financing or use something else? Should I stay with Subaru Financing (rate is 4.9% for my four year financing) or should I get a loan somewhere else? What are you guys doing? I find the Subaru rate to be outrageous. With 4.9% after 4 years i'll be paying more than 3 grand just in interest. My Altima coupe was financed at 0.65% with Nissan...

12-14-2012, 03:41 PM	#8
Zgrinch Senior Member Join Date: Sep 2011 Drives: 2013 Limited DGM BRZ Location: FL Posts: 1,956 Thanks: 286 Thanked 450 Times in 257 Posts Mentioned: 17 Post(s) Tagged: 0 Thread(s)	http://www.pedfed.org 1.49% APR If you are not military or Gov employed, it costs only 20 bucks to join. Good luck Edit - just realized you are in Canada.. not sure but may still work __________________ BRZGrincherhood

12-15-2012, 03:10 PM	#12
Skurj Senior Member Join Date: Nov 2012 Drives: SOLD... Location: GTA Ontario Posts: 955 Thanks: 56 Thanked 192 Times in 155 Posts Mentioned: 7 Post(s) Tagged: 0 Thread(s)	Toyota credit is also 4.9% for the scion atm for a 5yr (or at least it was when i placed my order a few weeks ago) __________________ WRB MT BRZ Sport Tech Delivered March 21 2013 Its mine now!! Paid for Mar 2018 and its gone... Sept '18 tho I am sure I will miss it Replaced with 18 50th edition ND

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12-14-2012, 03:13 PM	#6
Lithandril Member Join Date: Sep 2012 Drives: Asphalt fr-s 6mt Location: Canada Posts: 59 Thanks: 18 Thanked 6 Times in 5 Posts Mentioned: 0 Post(s) Tagged: 0 Thread(s)	Try through your bank and see what rates they'll offer, but usually the dealer rates are a little bit lower

12-14-2012, 03:34 PM	#7
djdnz 1337 Join Date: Oct 2011 Drives: 2013 BRZ WRB S/C Location: San Jose, CA / Waterloo, ON Posts: 1,134 Thanks: 776 Thanked 482 Times in 269 Posts Mentioned: 7 Post(s) Tagged: 2 Thread(s)	The 2 or 3 year financing was like 1.9% when I was looking. I paid cash so I don't remember really.

12-17-2012, 01:13 PM	#14
Nazarite 0 RWHP Join Date: Jun 2012 Drives: 2008 Mazdaspeed 3 Location: Alpharetta, GA Posts: 139 Thanks: 45 Thanked 44 Times in 32 Posts Mentioned: 0 Post(s) Tagged: 0 Thread(s)	Credit unions and USAA are the methods I'm planning to rock. Don't know that either of those are helpful to you though, sorry man.

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