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re: My son needs a new car - recent college graduate

Posted on 9/8/17 at 4:09 pm to
Posted by Jax-Tiger
Port Saint Lucie, FL
Member since Jan 2005
24787 posts
Posted on 9/8/17 at 4:09 pm to
He was driving a 1998 Camry. He got 3 grand for it. I thought that was pretty good...

I advised him to get a credit card after he graduated, but he kept putting it off. He filled out his application at USAA two days ago.

USAA quoted him 12.3%. He literally has no credit and no debt - not even school loans.

Posted by JetFuelTyga
Born in desert,raised in lion's den
Member since Feb 2016
1786 posts
Posted on 9/8/17 at 4:13 pm to
quote:

USAA quoted him 12.3%


Highway robbery
Posted by LSUShock
Kansas
Member since Jun 2014
4919 posts
Posted on 9/8/17 at 5:17 pm to
quote:

He was driving a 1998 Camry. He got 3 grand for it. I thought that was pretty good...


That's a good start for money down on something nice and new. Hopefully Navy Federal would better that 12%. That's crazy.

Now that I think about it, when I bought my 2014 Accord brand new, they were running a decent new grad promo on financing. I had the credit history, but I think it was like .9% or something. Honda
This post was edited on 9/9/17 at 7:53 am
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