Financing HELP - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

SOCALGUY · 09-03-2012, 11:42 PM

I really want to get a ZL1 and found a dealer willing to do it at MSRP. Now the next step would be to order and finance it. I want to know where I can get the best interest rate at and what the average monthly payment you guys are paying?

DangerZL1 · 09-04-2012, 01:36 AM

I had a preapproval for my loan walking into the dealership when my ZL1 arrived. It was at 3.9% from my credit association for 60 months. I was able to use it as a bargaining tool to get the finance person to come down to 1.89% on 60 months. Remember the finance department doesn't make any money if you don't finance the car through them and rates are negotiatable. If you have strong credit, you don't have to take their first offer. It took a while to get him to come down. The main reason I got this rate was because someone on this forum posted their rate. This is an easy $1000+ payment if you don't put much down after taxes and title.

zl1bro · 09-04-2012, 05:22 AM

1.99% for 72 months at Capital One auto finance. Dealer got that rate for me.. AAA auto finance division has competitive rates. Get pre approved then see if dealer can beat their rate just like Danger said..

closs2sx · 09-04-2012, 09:05 AM

1.74 for 60 months through service credit union in NH that includes a .25 reduction for have auto pay through my checking account

09-03-2012, 11:42 PM	#1
SOCALGUY Drives: BMW 530i Join Date: Aug 2012 Location: Los Angeles Posts: 3	Financing HELP I really want to get a ZL1 and found a dealer willing to do it at MSRP. Now the next step would be to order and finance it. I want to know where I can get the best interest rate at and what the average monthly payment you guys are paying?

09-04-2012, 01:36 AM	#2
DangerZL1 Drives: 2023 Black ZL1 Auto Join Date: Oct 2009 Location: FEMA Region 4 Posts: 2,936	I had a preapproval for my loan walking into the dealership when my ZL1 arrived. It was at 3.9% from my credit association for 60 months. I was able to use it as a bargaining tool to get the finance person to come down to 1.89% on 60 months. Remember the finance department doesn't make any money if you don't finance the car through them and rates are negotiatable. If you have strong credit, you don't have to take their first offer. It took a while to get him to come down. The main reason I got this rate was because someone on this forum posted their rate. This is an easy $1000+ payment if you don't put much down after taxes and title. Last edited by DangerZL1; 09-04-2012 at 01:47 AM.

09-04-2012, 09:05 AM	#4
closs2sx Drives: 1970 chevelle Join Date: Aug 2011 Location: Central NH Posts: 1,438	1.74 for 60 months through service credit union in NH that includes a .25 reduction for have auto pay through my checking account __________________ On Order 2018 ZL1 1LE Garnet Red Tint Coat Metallic MY Car 2015 Z06 Z07 Daytona Sunrise Orange Metallic Dads Car 2013 ZL1 vin 963 Crystal Red Tint Coat/Black Wheels Exposed Carbon Fiber Insert 6 Spd Manual

09-04-2012, 05:22 AM	#3
zl1bro Drives: 2013 ZL1 M6 SIM AGM mono stripe Join Date: Jul 2012 Location: Boston Posts: 453	1.99% for 72 months at Capital One auto finance. Dealer got that rate for me.. AAA auto finance division has competitive rates. Get pre approved then see if dealer can beat their rate just like Danger said..