Best Place for Car Loan?

[IDM]

Which banks or credit unions are you guys with for a used car loan and what is the rate?

I appreciate any leads. Thank you!

[ACR Steve]

go to local credit unions they cant be beat. They loose money on the loan just to get you in the door .

[ViperSmith]

I got a better rate through Bank of America than I did PennFed (I do most my banking with BofA, but am a member of PennFed)

[IDM]

I got a better rate through Bank of America than I did PennFed (I do most my banking with BofA, but am a member of PennFed)

Really? I have both also, will have to check on that!

[IDM]

go to local credit unions they cant be beat. They loose money on the loan just to get you in the door .

I've tried a few of them and have found Penfed to be better so far.

That's why I'm still looking around for suggestions!

[ClayR]

My local credit union does .9% for 60 mo during Black Friday if you get there by 7 AM. I have shown up the last two years to refi my Jeep and Motorcycle. Literally the best deal I have ever seen.

[IDM]

heck of a deal!! Too bad its 8 months away

[ACR Steve]

1.9% Palisades Credit

[daytonprowler]

One of our VOA sponsors, Milton Bank. The owner is a Viper owner and VOA member.

http://acrabtre9.wix.com/miltonbankviperfin

[The_Ruski_Driver]

I was pretty happy with Wells Fargo. They beat the credit union rate as well

[Stretch]

One of our VOA sponsors, Milton Bank. The owner is a Viper owner and VOA member.

http://acrabtre9.wix.com/miltonbankviperfin

I second this.

[ClayR]

heck of a deal!! Too bad its 8 months away

I already had the loans and just refinanced.

[quickster2]

Milton Bank through Roanoke was the most cost effective for me on my GEN IV recently beating out all others including the credit union.

[ViperPete]

I got 1.75% for 72 months on my Viper.

Florida Credit Union.

[donk_316]

Man oh man you Americans have so many bonuses financially.

I just FOUGHT AND THREATENED and managed 5.99 ... So I paid with my LOC instead.

[Martin2000GTS]

wells fargo dealer services gave me 1.49% over 60 months but the car was brand new and not a viper not sure if that matters (this was almost 2 years ago) They will negotiate with you on getting a lower rate. I went between them and penfed who I used to use all the time.

Martin-

[Next Phase]

I've used PenFed and the Milton Banking Company.

Highly recommend them both!

[Voice of Reason]

Local credit union here for both of our vehicles. The best part is they declare a dividend yearly based on the amount of interest paid on loans and right now we're getting back about $500 a year. Both loans are at 1.99% but are actually lower if you figure in the yearly dividend.

[Leslie]

Milton bank.
Very easy to work with and I am happy with the rate!

[SharpMan]

Man oh man you Americans have so many bonuses financially.

I just FOUGHT AND THREATENED and managed 5.99 ... So I paid with my LOC instead.

Isn't that the truth.

Never mind they can tax deduct mortgage interest too!

[darbgnik]

Man oh man you Americans have so many bonuses financially.

I just FOUGHT AND THREATENED and managed 5.99 ... So I paid with my LOC instead.

Man, everything is cheaper in the US, even money! lol

I have about as good a credit rating as you can get, and have no debt, and can't get anywhere close to what you guys are getting for a car. Somewhere just under 3% secured is what I had found, so cash it was.

It's funny, when I was at the dealer, he double checked when we were negotiating, that it was a cash sale, and I told him "Yes, because your financing is sh!t."
He was kind of offended, and said "You didn't even ask about financing, so how did you know it was sh!t?"
I asked "Was it 0%?" He said "No". I said "Well it's sh!t then!" lol.

Later he said the best he's ever gotten was 4.5%. Which is normal for Canada..........