Interest Rate - What's yours?

[FordraptorHero]

0.0 % paid off gen 1 feels good man

 

[xgardx]

Raptor came in earlier than anticipated to Dealer this Saturday morning, took her home that afternoon!!! Ended up with 2.49% for 72 mo. for just under 50K, was the best the dealer could get from Capital One, ( who they said is the most competitive of 'banks' they deal with lately) when i showed them USAA's 2.49% advertised on their webpage. That was with a 835 credit score mind you.

 

[JetDriver480]

0.0 % paid off gen 1 feels good man

Well someday our trucks will be paid off when they are old and a newer, better model is available.

 

[Joey.Donatelli]

Its been a few months since the last posts. I wanted to see if we could get some more numbers.

Any updates from new owners?

 

[WestTXRaptor6]

PenFed. 1.49% for 36months. Financed around $15k of 18 Raptor. Trade was paid for.

 

[NM156]

Well Unify FCU has 0.74% on vehicles loans. On my last 4 cars\trucks I've never paid over 1.5% because of the Credit Union. All the dealers I've been to wanted me to finance with them. During one of my purchases I told the dealer my loan interest I was getting and they didn't believe me even though I had my approval paper work in my hand so I pulled up the web site. During one negotiation they told me that if I went with their loan which had a higher rate, that I couldn't pay off the loan within the year. I said no thanks to that b.s.

 

[Grey03]

Wow, I did the exact same thing. Cash + 2012 FX4.

---------- Post added at 04:53 AM ---------- Previous post was at 04:47 AM ----------

Except I've yet to learn how to save beer money. It's tough making cuts to essential pillars of my budget.

Add another one.. Traded a 2012 FX4 and a 2010 GT500 + a little cash.. On the loan stuff, State farm insurance can offer pretty good rates. I checked with them on my Lincoln.

 

[cardude99]

Plan on paying cash when I pick her up in a few weeks. Not a fan of financing. Hate debt.

 

[jaz13]

Plan on paying cash when I pick her up in a few weeks. Not a fan of financing. Hate debt.

Banks lend you money when you don't need it and won't lend to you when you do need it. (lost job, etc)

Paying 1.5% to have $70k contingency money in the bank is cheap insurance.

 

[cardude99]

Banks lend you money when you don't need it and won't lend to you when you do need it. (lost job, etc)

Paying 1.5% to have $70k contingency money in the bank is cheap insurance.

I understand the concept nothing wrong with people doing it, I get it. Personally I prefer not to. If I can't pay cash then I shouldn't buy it. Only exception is a house. Just my philosophy.