Car Loans APR
08-22-11, 10:05 AM
#2
Best rates are directly through manufacturers' financing companies themselves.
Most cars are being sold with 0% APR for 60 months.
I know that Toyota is doing 1.9% APR for most of their models. Lexus is doing 1.9% for the IS/GS/ES/RX. Sometimes, Lexus also does 1.9% financing for CPO models, but not at this time.
Most cars are being sold with 0% APR for 60 months.
I know that Toyota is doing 1.9% APR for most of their models. Lexus is doing 1.9% for the IS/GS/ES/RX. Sometimes, Lexus also does 1.9% financing for CPO models, but not at this time.
08-22-11, 11:18 AM
#5
I have a deposit at a dealer out of state on a 'new' '10 IS350 with 95 miles and I can't get the 1.9%.
It's new but not in Lexus promotional program because it's a '10 and it's not eligible for the 1.9% CPO because it's new even if it's available.
It's 2.9% and I don't know if the loan will be from Lexus/Finance yet.
Still talking with them.PITA going out of state but the price is right.
It's new but not in Lexus promotional program because it's a '10 and it's not eligible for the 1.9% CPO because it's new even if it's available.
It's 2.9% and I don't know if the loan will be from Lexus/Finance yet.
Still talking with them.PITA going out of state but the price is right.
08-22-11, 11:59 AM
#6
Agree with PhilipMSPT, there's a lot of good rates right now from the manufacturer financing companies themselves. Just remember you gotta have excellent credit to qualify for them. I've seen 0%-2.9% financing at most dealers recently. Even Certified Pre-Owned cars have great interest rates (got my CPO @ 0.9%! straight from Lexus Financial)
08-22-11, 07:10 PM
#7
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