New Contributor
Elcid89
Posts: 567
Registered: ‎10-04-2012
Re: Bummed!!

Revelate wrote:

bodybuilder510 wrote:
Congrats... 9% is marked up, car is brand new. With your scores, 5% is reasonable. Fight hard

5% from dealer financing on a new car with a 630 credit score?   That would not be common in my opinion; likely can do better elsewhere but 9% isn't unreasonable in this instance.  As others have posted, refinaincing in six months can likely reduce the interest rate by some amount.

 

 


+1

 

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