Current interest rates
#1
Current interest rates
It’s been a few years since I’ve financed a car and the fed’s been raising rates relentlessly. What rate did you get on your recent purchase? And for context how many months? Did you go with dealer financing or did you bring your own? And if you just paid cash go ahead and dunk on us, I know you can’t resist! 😆
I’m a little sad that my delivery dates been pushed back and the fed raising rates again this week. If only I could have locked in the super low rate when I ordered back in Feb 😅
I’m a little sad that my delivery dates been pushed back and the fed raising rates again this week. If only I could have locked in the super low rate when I ordered back in Feb 😅
#2
I had 3.49% for 72 months through the dealer which for informational purposes LR uses Chase for financing fwiw, but that was also 13 months ago and my FICO is 833, it was about 10 points higher then. I've been warned by Ford that rates have gone up and I may not (likely will not) get that this time around, which will be in a couple of months. I will do due diligence though and will see about securing financing though a credit union that I have had a good history with for previous auto financing. We'll have to see, I'd buy now before the rate hike if I could but the vehicle I ordered won't even be built for another 36 days and then it has to ship besides.
Last edited by Chief65; 07-24-2022 at 08:37 PM.
#6
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