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Jax-Tiger
LSU Fan
Portland, OR
Member since Jan 2005
17347 posts

What car manufacturers are giving good deals to new grads?
My son graduated from college last year and is currently living in San Diego. He got t-boned last month and his car was totalled.

He was looking to get a slightly used Kia Optima, but all of the interest rates for loans on used cars are 12% plus, because he has no credit history.

I have suggested that he check out new cars, because they may have special pricing/financing deals for new graduates with no credit history. He has a solid job as an officer in the Navy.

Does anybody have any experience with which manufacturers are aggressively going after recent grads? I googled it, but many of the manufacturers just say, "Special flexible financing for new grads". I know the manufacturers want to establish brand loyalty, and give good deals, but some may be better than others.

He doesn't really care that much about the car, itself. He is looking for something reliable that will last a long time. A Honda Civic, or something similar.


lnomm34
USA Fan
Louisiana
Member since Oct 2009
10582 posts
 Online 

re: What car manufacturers are giving good deals to new grads?


LSUShock
LSU Fan
Kansas
Member since Jun 2014
3435 posts

re: What car manufacturers are giving good deals to new grads?
, that never gets old.


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20
Golfer
LSU Fan
Member since Nov 2005
70617 posts

re: What car manufacturers are giving good deals to new grads?
I know VW offers their best financing promo (typically 0%) to new grads. Likely extends to Audi too.


DirtyMikeandtheBoys
LSU Fan
Member since May 2011
18197 posts

re: What car manufacturers are giving good deals to new grads?
According to the OT he should pay cash, and if he can't afford it he should walk


OleSkuleTgr
Member since Jun 2013
192 posts
 Online 

re: What car manufacturers are giving good deals to new grads?
Have him contact Navy Federal Credit Union. Should be a very competitive rate.


sjmabry
LSU Fan
Texas
Member since Aug 2013
15596 posts

re: What car manufacturers are giving good deals to new grads?
quote:

According to the OT he should pay cash, and if he can't afford it he should walk


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Big_Sur
Auburn Fan
Member since Nov 2012
797 posts

re: What car manufacturers are giving good deals to new grads?
quote:

living in San Diego


You call that living? No baws for miles, baw.


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10
soccerfüt
Truth Detective
Member since May 2013
30978 posts

re: What car manufacturers are giving good deals to new grads?
quote:

My son graduated from college last year and is currently living in San Diego. He got t-boned last month
You guys have a really frank relationship for him to share that with you.

California: Land of the Fruits & Nuts!



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01
Gaston
LSU Fan
Dirty Coast
Member since Aug 2008
27656 posts
 Online 

re: What car manufacturers are giving good deals to new grads?
We get 1.89 through our local credit union, maybe the OP could consign with him. Comes with life insurance too.


Quinn225
Member since May 2017
408 posts

re: What car manufacturers are giving good deals to new grads?
quote:

maybe the OP could consign with him.


NEVER COSIGN A LOAN


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11
HeyHeyHogsAllTheWay
Member since Feb 2017
12458 posts

re: What car manufacturers are giving good deals to new grads?
LINK



You're welcome.


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Supermoto Tiger
LSU Fan
Baton Rouge
Member since Dec 2010
5780 posts

re: What car manufacturers are giving good deals to new grads?
quote:

What car manufacturers are giving good deals to new grads?

The same ones that are running "sales". Call ANY dealer in ANY town and ask them:
"Are y'all having a sale today?"
Promise you, the answer is:
"Yes. Yes we're are. "


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10
ScopeCreep
In the thick
Member since Jul 2016
245 posts

re: What car manufacturers are giving good deals to new grads?
USAA


Jax-Tiger
LSU Fan
Portland, OR
Member since Jan 2005
17347 posts

re: What car manufacturers are giving good deals to new grads?
quote:

USAA


12.3%.


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Jax-Tiger
LSU Fan
Portland, OR
Member since Jan 2005
17347 posts

re: What car manufacturers are giving good deals to new grads?
quote:

Message
What car manufacturers are giving good deals to new grads? by Golfer
I know VW offers their best financing promo (typically 0%) to new grads. Likely extends to Audi too.


Ixnay on the Audi, as he wants a budget car. A Jetta might be good, though...
This post was edited on 9/8 at 4:33 pm


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ForeverLSU02
Penn Fan
Albany
Member since Jun 2007
47915 posts

re: What car manufacturers are giving good deals to new grads?


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bubblehead26
LSU Fan
Virginia Beach, VA
Member since Apr 2012
213 posts

re: What car manufacturers are giving good deals to new grads?
Navy Federal will give a 2.79 interest rate.


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dewster
LSU Fan
Pittsburgh
Member since Aug 2006
15780 posts

re: What car manufacturers are giving good deals to new grads?
I think most of them offer discounts to service members and recent grads.


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