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re: Calling Car Salesmen...

Posted on 5/8/13 at 9:16 am to
Posted by Rick Rickles
Who Dat!
Member since Jan 2006
6190 posts
Posted on 5/8/13 at 9:16 am to
quote:

Rate looks a little a high. Should be somewhere under 2 and closer to 1 on a new vehicle with excellent credit. 1 point when you are financing a significant amount of money can mean the difference of a few thousand dollars. Just remember, a good deal is all a state of mind.

Disclaimer: I'm in finance.


Used USAA to finance. Could have had 1.9 if I would have gone with 48 months, but chose to take the 2.25 at 60. I'll likely pay it off in 39 anyway.
Posted by Catman88
Baton Rouge, LA
Member since Dec 2004
49125 posts
Posted on 5/8/13 at 9:19 am to
quote:

Financing was through USAA @ 2.25% for 48 mo. No add ons purchased from dealer.


quote:

if I would have gone with 48 months


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