Got a good deal on a rx , now trying to line up the best financing. Anyone have a great company that offers great financing for excellent credit ?

 

What did Lexus quote you? On something like an RX my guess is your cheapest financing will come from Lexus.

 

. 2.9 for. 60 months for now.

 

You're not likely to do better than that for 60 months outside of a captive arm like LFS. I just checked PenFed and they were 2.99

 

Credit Union?

 

PenFed is the cheapest I've seen personally (Pentagon Federal Credit Union) and it's 2.99.

 

Not surprising. Those banking institutions who cater to the military often have lower rates...which, of course, are well-deserved. They sacrifice for the country, and deserve a break in return.

 

I thought LFS offers 1.9% once in a while?

 

My local credit union offers 1.99% for 60 months:

https://www.dupagecu.com/all-rates/a...ates/#new-auto

There may be others with similar rates. Interestingly enough, they'll even do 2.29% for 60 months on a USED car.

 

They do, depends on the model and what other incentives they're offering.

That's great! That's the lowest I've seen by far.

 

Navy is 2.39% for 60 mos., which is 1/2 lower. I'm only getting 1.2% from my online bank so I'd prefer to buy outright depending on price. But if the car were 60k or 70k, I'd likely finance 20k at 36 mos for 1.99. It's timing, say if I had to have a LS500, maybe I would simply sell VMW shares (my doing so usually is your cue to load up), buy the car, and wash my hands and not look back. The not looking back is tough.

 

Just to be clear, PenFed is not just for military people. Anybody can join PenFed and use their financing. You're thinking of Navy Federal or USAA.

However, I have found at least USAA shafts their people on a regular basis. I have seen costs and rates and such that are astonishing from USAA.

 

USAA is very hit or miss. Auto insurance is awful. My homeowners is great though. 430k rebuild coverage, $500 deductibles (instead of 1%, 1.5% or even 2%), and awesome coverages including water damage from plumbing leaks and slab coverage for $110 a month ($1,320 a year).

But their auto insurance is asinine. Their financing rates on vehicles seem to be competitive, but mortgages are ludicrously high, not so much in interest but in closing costs.

My truck was financed at 2.75% with chrysler capital for 60 months. I refinanced it for 3 years last year and got 0.9% with USAA. My payment went up $40, but I save a bunch on interest and pay it off 18 months sooner. and really much sooner than that because the balance left is now way low.

 

See my experience is their homeowners rates are terrible. I see a lot of homeowners rates, $1,320 for a house of the value of your house is way high imho. At least it would be here.

Why do you need $435k rebuild coverage? It wouldn't cost that much to rebuild that house would it? Isn't the price you're paying in the $200k range, and that includes the land. Way over insured IMHO.

 

More to cover removal of existing home from lot for rebuild.
I pay $1240 for $445K w/$1K ded.
Building costs are higher in the NYC metro area.