car loan rate
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Anonymous
| My score is 685 n I was offered a 3.54% rate. Is this a decent rate or should I shop around ? Thanks |
Anonymous
| Did you try a credit union? I usually go to Secumd.org - my rate is 2.24% but we closed a while ago. The term can be up to 6 years I think (only makes sense to stretch this long if you will keep the car FOREVER) |
Anonymous
| We had scores 720-740 and got offered 2.99% a few years ago just before all the dealerships started offering 0% if you go through them. I'd shop around a bit - credit unions, even dealership financing. |
Anonymous
| I think that's a decent rate given your credit score. But you may find lower by looking around more. |
Anonymous
| Thank you. I will look around |
Anonymous
| I got 1.24 at BMW credit score similar |
Anonymous
| Any luck? I bought in 2011 in August - a popular month to buy in - and just a few months later all the dealerships were offering 0% financing in house. |