Lexus Financing Interest Rates
01-31-06, 12:58 PM
Driver School Candidate
Thread Starter
Join Date: Jan 2006
Location: MN
Posts: 3
Likes: 0
Received 0 Likes
on
0 Posts
Lexus Financing Interest Rates
What kind of interest rates have people been seeing when financing through Lexus?
01-31-06, 01:02 PM
Rookie
Join Date: Jan 2006
Location: NY
Posts: 79
Likes: 0
Received 0 Likes
on
0 Posts
Quote:
Originally Posted by lexusmn
What kind of interest rates have people been seeing when financing through Lexus?
Well I guess not much people replyin cause it's personal...well kinda. Me 2.9%
01-31-06, 01:29 PM
Driver School Candidate
Join Date: Jan 2006
Location: CA
Posts: 15
Likes: 0
Received 0 Likes
on
0 Posts
I went through Costco, but the dealer said they wouldn't be able to match the 5.39% rate that I got. The F&I manager said the rates they've been getting were typically in the 6+ % range.
01-31-06, 01:33 PM
Pole Position
Join Date: Jan 2006
Location: CA
Posts: 229
Likes: 0
Received 0 Likes
on
0 Posts
got mine at 5.5% with $15K down on a purchase
01-31-06, 01:36 PM
Pole Position
Join Date: Mar 2003
Location: MA
Posts: 216
Likes: 0
Received 0 Likes
on
0 Posts
Lexus Financial offered me 6.5% regardless of how much I was putting down. This is with a 740+ credit score.
01-31-06, 02:30 PM
Advanced
Join Date: Nov 2005
Location: WA
Posts: 696
And one last Greenspan hoo-rah... Another quarter point raise on the fed rates today... Expect auto financing rates to follow suit.
Cheers,
Kermee
01-31-06, 02:37 PM
Lexus Test Driver
Join Date: Dec 2005
Location: Irvine, CA OC Area
Posts: 1,577
6.25 with 750 + credit scores..
01-31-06, 02:46 PM
Lead Lap
Join Date: Jan 2006
Location: MA
Posts: 759
Likes: 0
Received 0 Likes
on
0 Posts
You can do a good bit better than that with ELoan right now. 5.39% for 36 months (I'd assume for 750+).
01-31-06, 03:25 PM
Driver
Join Date: Oct 2005
Location: CA
Posts: 106
Received 0 Likes
on
0 Posts
6.25% @ 72 mos. w/ 740+ score. They gave me 0.25% discount for previous LFS customer.
01-31-06, 04:16 PM
Lexus Test Driver
Join Date: Dec 2005
Location: Irvine, CA OC Area
Posts: 1,577
Quote:
Originally Posted by heffergm
You can do a good bit better than that with ELoan right now. 5.39% for 36 months (I'd assume for 750+).
end up paying off the car. didn't want to pay that high of interest.
01-31-06, 04:29 PM
Lexus Champion
Join Date: Aug 2005
Location: Overland Park, KS
Posts: 2,726
On the one-year plan, didn't matter much to me a point here or there (not sure what it was). With decent credit, you're getting an idea of how rates are looking.
01-31-06, 08:40 PM
Driver
Join Date: Dec 2005
Location: Oregon
Posts: 177
Likes: 0
Received 0 Likes
on
0 Posts
4.74% local credit union.
01-31-06, 09:15 PM
Driver School Candidate
Join Date: Dec 2005
Location: CA
Posts: 9
Likes: 0
Received 0 Likes
on
0 Posts
5.25%, 60 months (first-time buyer) - san diego county credit union.
02-01-06, 01:32 PM
Pole Position
Join Date: Jan 2006
Location: CA
Posts: 241
Likes: 0
Received 0 Likes
on
0 Posts
Lexus Financial- 5.89 for 66 months. Put 10k down on a credit card.
02-01-06, 01:37 PM
Lexus Test Driver
Join Date: Oct 2005
Location: NY
Posts: 917
Likes: 0
Received 0 Likes
on
0 Posts
Quote:
Originally Posted by Jdmekcivic
Lexus Financial- 5.89 for 66 months. Put 10k down on a credit card.
That is the most I've ever heard a dealer allowing to be charged to a credit card. Most people say dealers refuse anything over $5k (sometimes lower).