What interest rate are you getting?

[doctortt]

Originally Posted by whaap

There is one problem with a question like this. Any one paying an unreasonably high interest rate isn't going to post it here out of embarrasement. The only way you could get the high and low numbers is to make an answer mandatory and that would be pretty hard to do.

I'm not trying to take your comment personally, but I have no intention to make anyone feel embarrassed. Some people are open to share this info and some don't - that's fine. I just want to get a ballpark figure of the interest rate. My experience tells me that when I go to a dealer, I have to be well prepared of knowing what's out there and what I can possibiliy get, period.

[Laika]

Originally Posted by whaap

There is one problem with a question like this. Any one paying an unreasonably high interest rate isn't going to post it here out of embarrasement. The only way you could get the high and low numbers is to make an answer mandatory and that would be pretty hard to do.

Bingo. And back to keeping to my mouth shut

[SSchifko]

2.2% through Toyota Financial Services.

[FBaxteR-S]

Originally Posted by doctortt

I'm not trying to take your comment personally, but I have no intention to make anyone feel embarrassed. Some people are open to share this info and some don't - that's fine. I just want to get a ballpark figure of the interest rate. My experience tells me that when I go to a dealer, I have to be well prepared of knowing what's out there and what I can possibiliy get, period.

Rather than asking people from every geographical area from every demographic, go around to local banks, credit unions, check online quotes, or pick up the phone and call representatives, etc.

You'll find much more value in looking at what local rates are available to you given your own personal circumstances.

And yes, there have been threads like this before. It just gets old real quick. Obviously you want to be well-informed, but are you going to tell the dealer finance rep. that someone across the country got X rate and you have no idea how old they are, what their credit score is, or anything about them, but you want that rate too...?

[DarkSunrise]

Originally Posted by doctortt

I just want to get a ballpark figure of the interest rate. My experience tells me that when I go to a dealer, I have to be well prepared of knowing what's out there and what I can possibiliy get, period.

I can understand this. I would hope that would be the point of a thread like this, to let people know what rates are potentially out there if you shop around. Not to embarass anyone.

[whaap]

Originally Posted by doctortt

I'm not trying to take your comment personally, but I have no intention to make anyone feel embarrassed. Some people are open to share this info and some don't - that's fine. I just want to get a ballpark figure of the interest rate. My experience tells me that when I go to a dealer, I have to be well prepared of knowing what's out there and what I can possibiliy get, period.

I don't know what you mean about not taking my comment personally. How could it not be personal? It was directed to you! However, I in no way attacked you or said any thing negative about you. Also, I know you're not going to embarrase anyone because, as I said, they're not going to answer your question if their answer would be embarrasing. That was the reason for my posting in the first place. Sorry if I stepped on a nerve.

[reeves]

Originally Posted by FBaxteR-S

Rather than asking people from every geographical area from every demographic, go around to local banks, credit unions, check online quotes, or pick up the phone and call representatives, etc.

You'll find much more value in looking at what local rates are available to you given your own personal circumstances.

Yep, this is the only way to get the "ballpark" figure you want. Everyone who's posted is from a totally different credit/life/financial background.. There's no way to relate how their rate can be helpful for you.

Credit history, credit score, credit diversity, debt/income ratio, home owner/renter, co-signer, etc.. all affect what rate you'll get. No way anyone's going to post all that up.

[BrewCity-FR-S]

0% for 0 months, paid cash in full :-)

[strat61caster]

2.19% with Toyota through College Graduate program with a family member co-signing since I have no credit.

Will refinance with my Credit Union at 1.75%

[86 FRS]

Originally Posted by strat61caster

2.19% with Toyota through College Graduate program with a family member co-signing since I have no credit.

Will refinance with my Credit Union at 1.75%

3.2% here lol. refinancing after 1 year. started the loan last july 2012, so couple of months more. which dealer u get ur frs?

[strat61caster]

Originally Posted by 86 FRS

3.2% here lol. refinancing after 1 year. started the loan last july 2012, so couple of months more. which dealer u get ur frs?

Stevens Creek, rotten bastards and their $80 doc fee, pretty sure they got me for $100 overestimation on taxes... Been too busy enjoying the car to do the math, don't want to jinx it after the hoops it took to buy one of these things.



Edit: also plan on refinancing ASAP, so as soon as I get the plates and DMV info.

[EK_Golfer]

Originally Posted by BrewCity-FR-S

0% for 0 months, paid cash in full :-)

Very nice. The less debt the better. 3% through Toyota (I had to haggle it down)

[Celica00]

got 3.55% w/ no cosigner and being only 21 at the time. not bad i say.

[chenshuo]

Originally Posted by Skurj

In Ontario Canada I think best we can get at 60 months is 4.9% via Toyota Credit.

Yea i got 4.9% finance for 48 months from Subaru. Wondering if i can get a lower rate somewhere else and then refinance.