GMAC financing
Thread Starter
Drifting
Joined: Nov 2004
Posts: 1,489
Likes: 29
From: Georgia
GMAC financing
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?
Race Director
Joined: Dec 1999
Posts: 11,799
Likes: 10
From: Houston Texas
St. Jude Donor '08
Originally Posted by FLC6
Do you think I should ask GMAC to match that?
Do you think they will?
Do you think they will?
Racer
Joined: Feb 2002
Posts: 257
Likes: 0
From: Dallas Texas
Check a local credit union's web site for auto rates. Then talk to your F&I guy at the dealer and tell him you can get X% at the local credit union (tell him the name of the credit union) and see if he/she can match the rate.
Team Owner
Joined: May 2004
Posts: 82,175
Likes: 1,319
From: McKinney TX
St. Jude Donor '21-'22-'23-'24
My credit union usually has one of the better rates. They're still at 3.90%, but they don't have any branches outside TN that I know of. That's where I got mine financed.
Last edited by Vette_DD; Nov 15, 2004 at 10:25 PM. Reason: Correction
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Team Owner
Joined: May 2004
Posts: 82,175
Likes: 1,319
From: McKinney TX
St. Jude Donor '21-'22-'23-'24
Originally Posted by FLC6
3.99 for 72 months though?
Used cars, 4.9% to 11.3%, up to 66 months.
Pro
Joined: Sep 2004
Posts: 678
Likes: 0
From: Winchester VA
Originally Posted by 33ZZ4
Some Dealers Mark Up The Rate 1 Or 2 Points
Pro
Joined: Aug 2004
Posts: 730
Likes: 0
From: Newport Beach CA
I just saw a TV ad where they said GM would offer 0% (I forgot for how long) for any '05 with delivery taken by Nov 30. It also mentioned that as part of the deal your next purchase of a GM vehicle would also be at 0% (again, I forget for how long). I'm not so sure of the effectiveness of their campaign if they're limiting delivery to the end of this month, but hey, I thought I'd pass along the info.
Cruising
Joined: Nov 2004
Posts: 10
Likes: 0
Heres the web site URL.... just navigate around some and you'll see the section (Current Rates) that has the info about loan rates.
http://www.aedcfcu.org/site/frame_set/home.html
http://www.aedcfcu.org/site/frame_set/home.html
Team Owner
Joined: May 2004
Posts: 82,175
Likes: 1,319
From: McKinney TX
St. Jude Donor '21-'22-'23-'24
Originally Posted by paystyle
I just saw a TV ad where they said GM would offer 0% (I forgot for how long) for any '05 with delivery taken by Nov 30. It also mentioned that as part of the deal your next purchase of a GM vehicle would also be at 0% (again, I forget for how long). I'm not so sure of the effectiveness of their campaign if they're limiting delivery to the end of this month, but hey, I thought I'd pass along the info.
Heel & Toe
Joined: Nov 2004
Posts: 19
Likes: 0
My dealer said you can use the GMAC "Lock n Roll" program to get the 0% finance for 36 months. The catch is you can't do the vette on the first purchase, but the certificate can be used on the vette for the second deal. I have read the controversy on this at several forum sites but my dealer assures me that this can be done. (I'll get it in writing however)... SmyrknMyrkn
yes you can lock in your next rate but it wont last long 
Burning Brakes
Joined: Dec 2002
Posts: 954
Likes: 1
From: Chandler AZ
Shopping on Sunday... GMAC Rates
Found a great Lemans Blue with the options I like. Got approved with GMAC however I'm going to try to bargan down that 5.9% Rate. I have a Silver C5 2003 coupe that I'm trading. The deal was " OK ", nothing to write home about, but do-able.
As a Past 3 Time GMAC Customer I'm hoping to get them to come down.
Let you know how it turns out, but would welcome any suggestions you guys might have.
Thanks!
As a Past 3 Time GMAC Customer I'm hoping to get them to come down.
Let you know how it turns out, but would welcome any suggestions you guys might have.
Thanks!