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Used car loan

Posted on 2/4/17 at 7:20 pm
Posted by GeauxTigers777
Member since Oct 2007
1572 posts
Posted on 2/4/17 at 7:20 pm
Family is expanding, and we are going to upsize the car.

I have been pre-qualified through capital one for 2.75% used car loan up to 40,000 (not spending that much).

Any need to look around further, or is that probably the lowest rate I'll find?
Posted by Retrograde
TX
Member since Jul 2014
2900 posts
Posted on 2/4/17 at 7:27 pm to
It's about as good as you are going to find. Someone might have 2.5%.
Posted by TheWalrus
Member since Dec 2012
40519 posts
Posted on 2/4/17 at 8:36 pm to
Piggy backing off this question, how legit are pre-approvals? I was pre-approved for a mortgage, I don't know if it carries any weight though.
Posted by gobuxgo5
Member since Nov 2012
10028 posts
Posted on 2/4/17 at 8:42 pm to
I got a 1.79% off lightstream you should check it out
Posted by ItzMe1972
Member since Dec 2013
9801 posts
Posted on 2/4/17 at 9:10 pm to
I have great credit and these are the rates my credit union quoted me last week:

<3 year old car = 2.5
>3 year =3.75
Posted by Teddy Ruxpin
Member since Oct 2006
39582 posts
Posted on 2/5/17 at 12:20 am to
Ya I got under 2% last month
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