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re: Vehicle interest rates

Posted on 6/1/23 at 3:47 pm to
Posted by subMOA
Komatipoort
Member since Jan 2010
1713 posts
Posted on 6/1/23 at 3:47 pm to
Just bought a brand new Ram for one of my employees as a graduation present. Put it in his name as an added bonus so it’s really his. 6.75% for 60 months and I was super happy. Both excellent credit.

ETA- who TF downvotes this? Kid has worked hard and proved his mettle. Company can afford it- I want it in his name to help him build more credit history so he can buy a house soon.

We are kinda sorta in a similar industry- so I was thrilled to get 6.75. My goal was 6.5.
This post was edited on 6/1/23 at 3:51 pm
Posted by ninthward
Boston, MA
Member since May 2007
20415 posts
Posted on 6/1/23 at 3:54 pm to
13-16%
Posted by FriscoKid
Red Stick
Member since Jan 2005
5122 posts
Posted on 6/1/23 at 3:59 pm to
Got 4.4 on a used vehicle last month. Call local credit unions
Posted by h0bnail
Member since Sep 2009
7403 posts
Posted on 6/1/23 at 4:00 pm to
quote:

ETA- who TF downvotes this?


Downvoted for asking.
Posted by H2O Tiger
Delta Sky Club
Member since May 2021
6614 posts
Posted on 6/1/23 at 4:02 pm to
I'd be looking at the incentives offered by the manufacturer. There's an ad on my screen right now from Honda of San Marcos saying 0.9% on all 2023 Ridgelines. I know Audi had 2.99% on select models last month and there are many more out there.

Unless by "new" you mean new to her, the used market is gonna be rough
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