Lowest Possible Interest Rate

[[DELETED MEMBER 27901]]

Just curious for those who have taken delivery this month - what is the lowest interest rate you have been able to snag? Right now I have a 1.99% 65 month loan. Wondering if anyone was able to beat that deal. Thanks in advance!!

I'd take 1.99% at 65mo.

It's 0% to pay cash but for a rate that low it doesn't make sense to fork over 50k.

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[Bt_ostate]

If all goes well I could be picking up in 2 weeks and it would be nice to lock that rate in. However, as we know, hardly anything with delivery has gone well.

I waited until vehicle was actually at dealer. Turn around for draft is usually 3 to 4 days tops, once the bank has copy of a signed purchase agreement etc from you to cut you the draft from.

 

[adk749]

Just purchased mine last night at 1.98 for 72 us bank

Right from the US Bank website. 2.59% is the lowest.

 

[Tricky Dick]

Looks like I found my lender. How far out should you apply?

Never mind, they have eligibility rules that I don't make the cut.

 

[Jmax]

Right from the US Bank website. 2.59% is the lowest.

Yep that’s what the Ford finance rep came back with and I told him I had offer from LightStream for 1.99. He went back and asked and they went to 1.98. Such a racket… bought a x7 last month and bmw did the same thing, wish I would have known because I would have saved a percent there too. I would tell them about the other posts about lower interest rates and the company offering. Also, rates are based off credit score which mine is above 800

 

[50Mustang]

Was that a typo. 2.29 sounds more like it from BOA

No. Got approved at dealership.

 

[adk749]

Yep that’s what the Ford finance rep came back with and I told him I had offer from LightStream for 1.99. He went back and asked and they went to 1.98. Such a racket… bought a x7 last month and bmw did the same thing, wish I would have known because I would have saved a percent there too. I would tell them about the other posts about lower interest rates and the company offering. Also, rates are based off credit score which mine is above 800

Ford gave you 1.98?

 

[ALVA DUDE]

Just in! (USAA)
Received a 1.89% up to 63 months P L U S and additional .25% for auto payments = 1.64%
Additionally, loan approved up to 120%...may be good for some accessories! lol

 

[adk749]

Just in! (USAA)
Received a 1.89% up to 63 months P L U S and additional .25% for auto payments = 1.64%
Additionally, loan approved up to 120%...may be good for some accessories! lol

That is great for those who serve! Glad they get a great rate! And thank you for your service!!

 

[ALVA DUDE]

That is great for those who serve! Glad they get a great rate! And thank you for your service!!

No no!
Anyone can apply!

 

[Compta38]

@Compta38 if you can find that rate at BofA, let me know. I couldn't find anything.

I checked around their site and didn't see anything either.

 

[adk749]

Just in! (USAA)
Received a 1.89% up to 63 months P L U S and additional .25% for auto payments = 1.64%
Additionally, loan approved up to 120%...may be good for some accessories! lol

Just a quick follow up to this. the 1.89 includes the autopay discount already. Additionally, USAA is not open to the public.

 

[Tricky Dick]

Just a quick follow up to this. the 1.89 includes the autopay discount already. Additionally, USAA is not open to the public.

Correct. I tried making an account. I am eligible because my dad served, but he would need an account first and without that they kicked me out.

 

[Bonnie6G]

Has anyone used one of those “shop for an auto loan” websites like lendingtree where they take your info and you get a handful of rate offers from various lending institutions?

 

[rhymeswithbronco]

Just in! (USAA)
Received a 1.89% up to 63 months P L U S and additional .25% for auto payments = 1.64%
Additionally, loan approved up to 120%...may be good for some accessories! lol

That's amazing, I can count on one finger the number of times I have gotten a competitive auto loan rate from USAA. I've been a customer for years and have great credit, apparently I've been hitting them on their bad days.

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