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Old 05-09-2012, 01:54 PM   #29
rcm47
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Anyone between the ages of 19-22 that are buying the car on their own get a low interest rate?
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Old 05-09-2012, 02:01 PM   #30
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Quote:
Originally Posted by MarkRacerX View Post
My local Credit Union has 2.24% 72mo
That's cool, but do you really want a 72-month term? Even with $0 down, that calculates to only a ~$300 difference (depending on the exact purchase price) throughout the course of that loan (when compared against a 60-month term), but it's six years.

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Originally Posted by rcm47 View Post
Anyone between the ages of 19-22 that are buying the car on their own get a low interest rate?
Age doesn't matter that much, just make sure your credit history doesn't suck while having a good credit score going into the purchase. When I financed my first Evo, I think I was 23, though surprisingly I ended up having a pretty solid credit score of 768, even though all I had was one or two credit cards, both of which I had for maybe a year or two overall while staying on top of my payments (and having $0 balances on them by the time I was making my car purchase). That got me the best rates, at that time.
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Old 05-09-2012, 03:40 PM   #31
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All this talk of financing made me do a little research and I found out I qualify for pen fed and navy fed... I love you guys!
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Old 05-10-2012, 02:04 AM   #32
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Got approved for 2.24% up to 60months via my CU. includes GAP coverage and a extra .25% deduction if i do autopay bringing it down to 1.99%
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Old 05-10-2012, 02:06 AM   #33
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Which credit union? Schools First?
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Old 05-10-2012, 02:18 AM   #34
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USC Credit Union
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