Ok, so i got my first car 2 weeks ago!!!! A 2008 Nissan Altima @ 8.4% (through Nissan financing) for 63 months (will try to refi next year). I am sooooo excited! No more waiting in the burning sun, freezing snow, rain, etc. for public transportation.
I got a call this morning from the dealership saying that I actually qualified for a lower rate (7.09%). The lady on the phone said that everything else would stay the same, that I would just need to come in and sign a new finance contract if I want the new rate. Has anyone heard of this???? It's a nice rate, but I'm still suspicious...I've read online about people getting phone calls from dealerships days/weeks later telling them their financing terms changed.
I asked her if she could fax me a copy of the new contract so I could look it over before I came in, but she said she couldn't print it out cause it's an "e-contract" which will get sent electronically to Nissan for faster processing. Has this happened to anyone? I'm worried that they will try to sneak something into the new contract. Please help!
Message Edited by InfinitiG35 on 06-11-2008 12:50 PMhaha call her back & ask her how you are going to sign it if she can't print it. Thats very strange, I have never heard of e-contracts for a vehicle., becuase you also need a copy of the whole thing,. If you are uneasy,. just call Nissan Financing and find out if ther has been a change in terms on your approval.