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Auto loan interest rate

Posted on 2/17/14 at 10:05 pm
Posted by louisianatigerfan05
Member since Jun 2012
9 posts
Posted on 2/17/14 at 10:05 pm
I am looking at getting a new truck. What kind of interest rate do you guys think I can get with a 720 credit score?
Posted by Croacka
Denham Springs
Member since Dec 2008
61451 posts
Posted on 2/17/14 at 10:38 pm to
Probably around 2%


Sign up for penfed and use them for the loan

They are usually the cheapest you can find
Posted by louisianatigerfan05
Member since Jun 2012
9 posts
Posted on 2/17/14 at 11:39 pm to
Dont you have to be associated with the military or have a federal job to use them?
Posted by txtiger79
Member since Oct 2007
1017 posts
Posted on 2/17/14 at 11:44 pm to
No - there are a couple of inexpensive foundations you can join that give you membership. They list them on the website. Current best auto rate is 0.99% for up to 3 years.
Posted by louisianatigerfan05
Member since Jun 2012
9 posts
Posted on 2/17/14 at 11:51 pm to
I am going to look them up tomorrow. I would be looking to finance 5 or 6 years.
Posted by Lsut81
Member since Jun 2005
84979 posts
Posted on 2/18/14 at 5:23 am to
Penfed should have 1.99 for 60 months or if you use their car buying service, .99 for 60 months.

I used them for my last vehicle, although this time, Capital One matched their 1.99 for 60 on used vehicles.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
33269 posts
Posted on 2/18/14 at 6:24 am to
Difinetly look into Pen Fed...its $15 to join (one time) for non-military
Posted by yellowfin
Coastal Bar
Member since May 2006
98933 posts
Posted on 2/18/14 at 7:00 am to
I'm with everyone else.....i finance everything with penfed
Posted by Rev1897
NOLA
Member since Dec 2008
782 posts
Posted on 2/18/14 at 9:26 am to
PEN FED

/thread
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