IS - 2nd Gen (2006-2013) Discussion about the 2006+ model IS models

Lexus Financing Interest Rates

Thread Tools
 
Search this Thread
 
Old 01-31-06, 12:58 PM
  #1  
lexusmn
Driver School Candidate
Thread Starter
 
lexusmn's Avatar
 
Join Date: Jan 2006
Location: MN
Posts: 3
Likes: 0
Received 0 Likes on 0 Posts
Default Lexus Financing Interest Rates

What kind of interest rates have people been seeing when financing through Lexus?
Old 01-31-06, 01:02 PM
  #2  
DaEvilG
Rookie
 
DaEvilG's Avatar
 
Join Date: Jan 2006
Location: NY
Posts: 79
Likes: 0
Received 0 Likes on 0 Posts
Default

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%
Old 01-31-06, 01:29 PM
  #3  
lamarzocco
Driver School Candidate
 
lamarzocco's Avatar
 
Join Date: Jan 2006
Location: CA
Posts: 15
Likes: 0
Received 0 Likes on 0 Posts
Default

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.
Old 01-31-06, 01:33 PM
  #4  
shrka
Pole Position
 
shrka's Avatar
 
Join Date: Jan 2006
Location: CA
Posts: 229
Likes: 0
Received 0 Likes on 0 Posts
Default

got mine at 5.5% with $15K down on a purchase
Old 01-31-06, 01:36 PM
  #5  
MatadorIS
Pole Position
 
MatadorIS's Avatar
 
Join Date: Mar 2003
Location: MA
Posts: 216
Likes: 0
Received 0 Likes on 0 Posts
Default

Lexus Financial offered me 6.5% regardless of how much I was putting down. This is with a 740+ credit score.
Old 01-31-06, 02:30 PM
  #6  
Kermee
Advanced
iTrader: (1)
 
Kermee's Avatar
 
Join Date: Nov 2005
Location: WA
Posts: 696
Received 2 Likes on 1 Post
Default

And one last Greenspan hoo-rah... Another quarter point raise on the fed rates today... Expect auto financing rates to follow suit.

Cheers,
Kermee
Old 01-31-06, 02:37 PM
  #7  
shaolin
Lexus Test Driver
iTrader: (2)
 
shaolin's Avatar
 
Join Date: Dec 2005
Location: Irvine, CA OC Area
Posts: 1,577
Received 3 Likes on 3 Posts
Default

6.25 with 750 + credit scores..
Old 01-31-06, 02:46 PM
  #8  
mcfly
Lead Lap
 
mcfly's Avatar
 
Join Date: Jan 2006
Location: MA
Posts: 759
Likes: 0
Received 0 Likes on 0 Posts
Default

You can do a good bit better than that with ELoan right now. 5.39% for 36 months (I'd assume for 750+).
Old 01-31-06, 03:25 PM
  #9  
varok
Driver
 
varok's Avatar
 
Join Date: Oct 2005
Location: CA
Posts: 106
Received 0 Likes on 0 Posts
Default

6.25% @ 72 mos. w/ 740+ score. They gave me 0.25% discount for previous LFS customer.
Old 01-31-06, 04:16 PM
  #10  
shaolin
Lexus Test Driver
iTrader: (2)
 
shaolin's Avatar
 
Join Date: Dec 2005
Location: Irvine, CA OC Area
Posts: 1,577
Received 3 Likes on 3 Posts
Default

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.
Old 01-31-06, 04:29 PM
  #11  
kensteele
Lexus Champion
 
kensteele's Avatar
 
Join Date: Aug 2005
Location: Overland Park, KS
Posts: 2,726
Received 1 Like on 1 Post
Default

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.
Old 01-31-06, 08:40 PM
  #12  
SilverBolt
Driver
 
SilverBolt's Avatar
 
Join Date: Dec 2005
Location: Oregon
Posts: 177
Likes: 0
Received 0 Likes on 0 Posts
Default

4.74% local credit union.
Old 01-31-06, 09:15 PM
  #13  
luvmychoos
Driver School Candidate
 
luvmychoos's Avatar
 
Join Date: Dec 2005
Location: CA
Posts: 9
Likes: 0
Received 0 Likes on 0 Posts
Default

5.25%, 60 months (first-time buyer) - san diego county credit union.
Old 02-01-06, 01:32 PM
  #14  
Jdmekcivic
Pole Position
 
Jdmekcivic's Avatar
 
Join Date: Jan 2006
Location: CA
Posts: 241
Likes: 0
Received 0 Likes on 0 Posts
Default

Lexus Financial- 5.89 for 66 months. Put 10k down on a credit card.
Old 02-01-06, 01:37 PM
  #15  
diablo1
Lexus Test Driver
 
diablo1's Avatar
 
Join Date: Oct 2005
Location: NY
Posts: 917
Likes: 0
Received 0 Likes on 0 Posts
Default

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).


Quick Reply: Lexus Financing Interest Rates



All times are GMT -7. The time now is 04:17 AM.