Chevy interest rate???
Thread Starter
Burning Brakes
Joined: Jul 2007
Posts: 798
Likes: 207
From: Rougemont NC
Chevy interest rate???
As a former c5 owner, finally succumbed to the pull and went to the Chevy website to build/price a C7 vert in arctic white, and when they quote payments they use an interest rate of 14.9 percent. Excuse me??? That's more than my Visa card charges me! Don't get me wrong, I didn't expect the 1.9% I got on the wife's Caddy SUV. But 14.9%? Seriously? I would seriously entertain a rate of 5-7%, but 14.9? That's just wrong on so many levels!
Instructor
Joined: Jan 2009
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From: Dallas TX
Melting Slicks
Joined: Aug 2004
Posts: 2,149
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From: Big D Dallas TEXAS
I went to pay cash but on Wed of last week I was given 75 months at 1.9% with no money down. They said GM had no money on the car it's too hot so they pushed it though a local credit union since the finance guy wanted a incentive kicker if I financed it.
Burning Brakes
Joined: Dec 2003
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From: Boca Raton Florida
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From: I live my life by 2 rules. 1) Never share everything you know. 2)
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I've been quoted 2.39% and I've got a credit score of 838 (yes, that's correct 838).
I need to shop around a bit more!
I need to shop around a bit more!
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Melting Slicks
Joined: May 2007
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From: Simi Valley Ca
I got 2.3% APR from PNC Bank which is the underwriter Kerbeck used. Most good dealers will shop for the best rates. If you belong to a credit union, it might be worth checking with them as well.
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My local credit union has a rate of 2.19% on new cars.
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As a former c5 owner, finally succumbed to the pull and went to the Chevy website to build/price a C7 vert in arctic white, and when they quote payments they use an interest rate of 14.9 percent. Excuse me??? That's more than my Visa card charges me! Don't get me wrong, I didn't expect the 1.9% I got on the wife's Caddy SUV. But 14.9%? Seriously? I would seriously entertain a rate of 5-7%, but 14.9? That's just wrong on so many levels!
Melting Slicks
Joined: Oct 2013
Posts: 3,006
Likes: 477
From: Las Vegas Nevada
