Current loan rates?
#17
Just to give you a comparision, back in May 2001 my IS3 was financed for $20,000 for 48 months 6.7% through the credit union, Los Angles, CA. i think Lexus Financial was offering 7.5 most lenders would not go below 7%. Let see, Bush W. took office and it was before 9/11.
#21
Advanced
iTrader: (1)
Originally Posted by Bobs SC
I used a Credit card check with 3.9 until debt is paid in full. I am finding that is the only way I can get a low rate.
Cheers,
Kermee
#24
Lead Lap
Thread Starter
Join Date: Jan 2006
Location: MA
Posts: 759
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Kermee
That's perfectly fine too. Just be aware that it shows up as a "revolving debt" load versus "installment debt" load on your credit report. To some people, it doesn't matter to them. (The former, being much more detrimental to your credit worthiness if you decide to apply for additional credit).
Cheers,
Kermee
Cheers,
Kermee
#25
Lead Lap
Thread Starter
Join Date: Jan 2006
Location: MA
Posts: 759
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by NINEZeRO
Some of you are getting really low rates, one relative who recenlty purchased a Lexus financed for 5.3% with a credit score well above 800.
#26
Lexus Test Driver
Join Date: Dec 2005
Location: CA
Posts: 1,075
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by heffergm
I think 5.3% is a little on the high side for anything north of 800, especially if this was over a year ago. But how long was the note for? That makes a big difference as well.
I dont know how long it was financed for...
#27
Driver School Candidate
Join Date: Jan 2006
Location: Moscow
Posts: 34
Likes: 0
Received 0 Likes
on
0 Posts
5-7 % very good for buying car! Look what happening in Russia:
Usual current 12-15% per year + each year you should pay for insurance 9-10%. So after 3-4 year car become GOLD.
Usual current 12-15% per year + each year you should pay for insurance 9-10%. So after 3-4 year car become GOLD.
#28
Lead Lap
Thread Starter
Join Date: Jan 2006
Location: MA
Posts: 759
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Vladimir
5-7 % very good for buying car! Look what happening in Russia:
Usual current 12-15% per year + each year you should pay for insurance 9-10%. So after 3-4 year car become GOLD.
Usual current 12-15% per year + each year you should pay for insurance 9-10%. So after 3-4 year car become GOLD.
Thread
Thread Starter
Forum
Replies
Last Post
lexusity
ES - 6th Gen (2013-2018)
8
07-06-13 10:42 PM