View Single Post
Old 12-29-2009, 08:53 PM   #8
Cmaro214's Avatar
Drives: 2010 ABM 1LT/RS Camaro "Blu Bruzr"
Join Date: Oct 2009
Location: SouthWest Florida
Posts: 596
Originally Posted by tmac1granger33 View Post
what rate did you get im 18 with no credit history also? did you get a cosigner How much down?
i got 7.69% put 10k down and had no co sign. the finance manager told me that GMAC were the only ones willing to work with me and only if i could actually put the money i had in mind down. then he said he had to really talk them into a lower rate, not sure if its true or not but it does make sense. i mean why would a lender give a nearly 20k loan to someone with under 2 years of credit history and a small limit. he did tell though, if you make this work and pay it off clean you will never have a problem getting a loan for a car again. it felt really good since this is my first car purchase and am glad i could do it on my own.

VIN: 2G1FB1EV6A9178865
Cmaro214 is offline   Reply With Quote