BandDirector

It’s been a while since this thread was updated…. I’m at 3000 status for a ‘24, and barring a UAW strike, need to start getting serious.
Navy Federal Credit is at 4.74% for 60 months. I just joined this morning and they said I can lock in a pre-approval for 90 days. Fed isn’t scheduled to meet again until 3rd week of Sept.
Anyone come across any better 60 month rates?

Red rag

That’s a good rate! My credit union is at 6.5%

direct007

That's a great rate. Penfed is listing 6.09%[size=8333px] as their lowest 60 month rate.[/size]

switchlanez

Earlier I posted NFCU is doing 4.74% for 60 months and you could knock that down if you're a 25 year member with a one-time 0.25% discount to 4.49% (I believe it might be a 0.5% one-time discount if you're a 50 year member). Well there's another 0.25% discount if you're a Fed employee or active duty. So I was pleasantly surprised when my 60 month rate came out to 4.24%.

BandDirector

..some have criticized in this thread that we shouldn't be mentioning places like NFCU because not everyone can be a member...I disagree. I actually didn't realize I could be a member until I saw this thread and did some research on what it takes to join. Turns out my grandfather, who passed away in the mid 1970's, made me eligible. I had no idea. I was also able to join USAA because of his service. When I called NFCU this morning and just mentioned my grandfather had served, that's all they needed to hear apparently...

Walter Raulerson

Took a long time to get a 900 score now 650 is considered good. Times must be tough out there

Sdk8103

I thought 850 was the highest.

BandDirector

850 is the highest FICO score. I actually hit it once! …then about a month later, found out about wife’s affair, went through divorce, she still got 1/2 of the equity in the house, and I had to refinance the house with less than a year to go until it was paid for, and been stuck in the 830’s ever since 😡
BUT, I came through it with the Lord’s help, and she would’ve made my life miserable if I’d try to buy a Corvette, so it still has a happy ending 😆

SteveL2

I tried a bunch of online places and most were bait and switch horse crap.

Dearer ended up giving me 5.6 for 60 months.

direct007

There are multiple FICO scoring models. The majority max out at 850 but there are a couple that max out at 900 and that is what some of the auto lenders use. You can see your multiple FICO scores when you check your credit at myfico.com

DANG2012

Looking to buy 2008 ls3 c6 corvette with 43044 miles for 31762 after taxes 36500. Dealer is giving me 8.24 APR for 84 months first time buyer. Should I pull a trigger

Deepdiver

^ what do the peeps in the C6 forum say?

C-17LoadVette

8.84% is pretty high and if your wallet can afford 72 months or 60 months your rate should be lower. Penfed and Navy Federal if you qualify may have better rates depending on your credit score. A couple others are Alliant Credit Union and your local credit union. Good luck with your purchase and enjoy driving your vette.

DANG2012

The car is out of my state. They could do 7.99 for 72 months he told me, Still think its too high and my credit score is at 757 its not to bad. I've tried with other banks and they won't approve me, the dealer is the only one that did.

jm74

I got 6.7% for 72 mos. through PenFed.

EvanZR1

Surprisingly, I got 6.7% through Chase for 72 months on the $50K I financed on my '24 Z06 at the end of December. Probably helped that I was already a Chase customer. Really only did it as I had some investments I didn't want to pull out right at that moment.

BigButtLover

830 is still an excellent credit score.

1 STING

Bank of America was offering 5.79 a month ago, the dealer's banking partner was at 7.69 but eventually lowered the rate so that the dealer would get the business.

The best choice is to find your own financing, the dealer can meet, beat, or lose the business. You'll be surprised how accommodating the finance manager will be when the choice is to make less money or none at all.


George

Cerulean

PSFCU has 3.75% for 36 month or less. A rate that's almost too good to be true in this market

Khaberst

Wife and I are debating paying off in cash or financing some of the cost. Thinking around 20-30% financed if we do. Couple questions... Who currently has the best rates you've seen? Navy Federal is advertising 4.59% but i thought I saw a couple months ago another (online?) company that had some around 3-4% but can't recall the name, think it began with a "U". Why will Chevy only allow $5k to be put on a credit card, I want those cash back points! lol.

If you could pay the whole thing, would you do it for a joy ride car?