topic Re: Need a car Loan in Auto Loans

Need a car Loan

danisgods — Wed, 29 Sep 2010 23:29:23 GMT

What would be in your opinion the best bank to get a car loan from? i heard C1 has great rates...

what you say?

Re: Need a car Loan

Creditaddict — Wed, 29 Sep 2010 23:41:17 GMT

USBank has a 3.99 I believe right now.

other than that your scores will get you tier 1 financing on lot with all brands and they have some great rates like BMW .09%, I think toyota is doing 0% and mazda and ford, the list goes on.

what kind of car are you looking for?

Re: Need a car Loan

RammaCredit — Fri, 10 Dec 2010 04:27:30 GMT

Try Your local Credit Union... dont even think of going to the dealer, they will drag your credit through the mud....

Re: Need a car Loan

MarineVietVet — Fri, 10 Dec 2010 05:29:54 GMT

@RammaCredit wrote:
Try Your local Credit Union... dont even think of going to the dealer, they will drag your credit through the mud....

Could you elaborate on this? Are you saying they will all do it or is this just your personal experience?

I've been buying cars for about 40 years and I have never had this happen to me. Some dealers of course are better than others but none of them have done anything untoward with my credit that I can ever recall.

From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 10/10-813, TU - 10/10-774

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

Re: Need a car Loan

Anonymous — Sat, 11 Dec 2010 02:02:23 GMT

@MarineVietVet wrote:
@RammaCredit wrote:
Try Your local Credit Union... dont even think of going to the dealer, they will drag your credit through the mud....
Could you elaborate on this? Are you saying they will all do it or is this just your personal experience?

I've been buying cars for about 40 years and I have never had this happen to me. Some dealers of course are better than others but none of them have done anything untoward with my credit that I can ever recall.

From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 10/10-813, TU - 10/10-774

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

I'm assuming he meant that the dealer would rip the customers off despite your good credit score.

I financed through Nissan Motor CO and they gave me a pretty decent rate.

Re: Need a car Loan

Anonymous — Sat, 11 Dec 2010 14:30:35 GMT

It's alright to get a loan from the dealer, as sometimes they can beat your banks terms (Providing you did your homework and walked in with one). But be sure to check the manufactures rebates, as sometimes the proportional rate voids out some of the good rebates.

Re: Need a car Loan

Anonymous — Sat, 11 Dec 2010 14:33:02 GMT

Also if your thinking about Ford. You can qualify for X-Plan if you have stock or join http://www.eaa.org/ford/

Re: Need a car Loan

laz98 — Mon, 13 Dec 2010 20:17:17 GMT

@Anonymous wrote:
@MarineVietVet wrote:
@RammaCredit wrote:
Try Your local Credit Union... dont even think of going to the dealer, they will drag your credit through the mud....
Could you elaborate on this? Are you saying they will all do it or is this just your personal experience?

I've been buying cars for about 40 years and I have never had this happen to me. Some dealers of course are better than others but none of them have done anything untoward with my credit that I can ever recall.

From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 10/10-813, TU - 10/10-774

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".
I'm assuming he meant that the dealer would rip the customers off despite your good credit score.

I financed through Nissan Motor CO and they gave me a pretty decent rate.

only if you don't know what you're doing

Re: Need a car Loan

bakalao2k — Wed, 22 Dec 2010 08:22:49 GMT

@Creditaddict wrote:
USBank has a 3.99 I believe right now.
other than that your scores will get you tier 1 financing on lot with all brands and they have some great rates like BMW .09%, I think toyota is doing 0% and mazda and ford, the list goes on.
what kind of car are you looking for?

USBank has a 3.99% APR for 36 months.