GMAC financing
#21
Burning Brakes
I got 3.75 for 60 mo at the local Teachers Credit union, through the deaalership. They would go 72 months at the same rate. Down payment of 10% required.
#22
Drifting
Member Since: May 2003
Location: BALTIMORE MD
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insist
Originally Posted by FLC6
Anyone finance though GMAC?
They quoted me a rate of 4.99 for 72 months.
Do you think I can do better through them or is that a good rate. I have a very high beacon score.
Does GMAC have any hidden fee's or anything I should watch out for?
They quoted me a rate of 4.99 for 72 months.
Do you think I can do better through them or is that a good rate. I have a very high beacon score.
Does GMAC have any hidden fee's or anything I should watch out for?
#23
Race Director
Member Since: Oct 2004
Location: Virginia Bch VA
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St. Jude Donor '06
Good Rate
Originally Posted by FLC6
Anyone finance though GMAC?
They quoted me a rate of 4.99 for 72 months.
Do you think I can do better through them or is that a good rate. I have a very high beacon score.
Does GMAC have any hidden fee's or anything I should watch out for?
They quoted me a rate of 4.99 for 72 months.
Do you think I can do better through them or is that a good rate. I have a very high beacon score.
Does GMAC have any hidden fee's or anything I should watch out for?
#24
Race Director
Member Since: Oct 2004
Location: Virginia Bch VA
Posts: 10,516
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Cruise-In VI Veteran
Cruise-In VII Veteran
St. Jude Donor '06
Good Rate
Originally Posted by FLC6
Anyone finance though GMAC?
They quoted me a rate of 4.99 for 72 months.
Do you think I can do better through them or is that a good rate. I have a very high beacon score.
Does GMAC have any hidden fee's or anything I should watch out for?
They quoted me a rate of 4.99 for 72 months.
Do you think I can do better through them or is that a good rate. I have a very high beacon score.
Does GMAC have any hidden fee's or anything I should watch out for?
@ 4.5 pmt is 793.70
@ 4.0 pmt is 782.25
JT in VA Bch
#26
Platinum Supporting Dealership
Rates At Mac Mulkin Chevrolet
[QUOTE=Corvette SSX]Yes and Yes. It's as much up to the finance manager as to what rate they "give" you as it is GMAC. The higher the rate, the more the stealership makes so they always quote a higher rate than you can get on your own. Do the leg work to get your best rate on your own and I guarantee they will match it.[/QUOTEwhen you finance through Tommy Jr. at MacMulkin Chevrolet i give my customer what you call buyrate. its the rate the bank gives me. i am always willing to show my customers everything. thats what i would expect if i was the customer. i make a little less upfront but in the end i make out because i have a customer for life and lots of referals. thats y i sell 40-50 cars a month part time just on referals. as for gmac every month gmac has interest rates depending on your tear your credit is. these rates are the same for every dealer. when the finance guy tells you he's he will call gmac to match the deal he's not telling the truth. your credit for gmac is rated in tears from s,a,b,c,d,e the only thing you can sometimes do if your platinum like us you can get the bank to bump your tear. if you not a s tear. only sometimes does that work.thats just part of the reason i have been the largest corvette dealer in new england since i have started handling corvette customers. this year i will triple last years sales mainly because of the way i talk to my customers and take care of them.
#28
Team Owner
With rates as low as they are, dealers are not stepping on the rates as much as they used to. Not enough room.