Rate you got financing your Camaro?

[2012-1822]

Originally Posted by rberns

I didn't get any financing...wrote out a check for $43,000

Originally Posted by bw26ss

who cares, what are you trying to prove? 3.5% here

Not sure there's anything to prove, I did it too. But I had a good job with fairly good money, then three weeks later I didn't have a job anymore, life comes at you fast.

OP, just remember that you can and should shop around for a good rate and that rates are negotiable at the dealer. So as stated before, make the deal on the car, then make the deal on the trade if you have one, then make the deal on your financing, all three separately. And it really helps to have financing through your bank or credit union already as an option, then you can see what the dealership can do for you

[AdamZ]

Originally Posted by Tony Stark

As I have said before I am in the market for a new 2014 Camaro when they come out

Bare minimum I will get a 2LT RS, but if I get low financing I will try to get a 2SS

What are some of the financing %'s you guys got?

OP I bought my 2012 LS at 13%...Do not get dicked over like I did by a shitty dealer. If the dealer gets you to sign on a high rate with a bank...the bank will reward them with a cut of the interest $$$.

Thank God I was able to trade my LS a month after purchase. Traded it in for nearly what I paid for it and got my SS.

The dealer I bought my used SS was just about to send my car to auction because it had been sitting on the lot too long. So they fought with my bank and got that 13% interest down to 4%.

If a dealer wants to sell you a car and wants to get you a good deal...they will work with the bank to get you a good rate. Take your time is all. Anything over 5% is a no go.

[Speed_Demon]

0% for 48 months

[tonyko1]

Originally Posted by bw26ss

who cares, what are you trying to prove? 3.5% here

I don't think there is anything to prove. Paying cash, which I did by the way, was my choice too. Didn't ask the OP nor did they ask me.

Actually, in today's current financial climate, with "current" being the operative word, those with credit good enough to qualify for 0%, 72 months interest free are smarter and way ahead of the poster above and me, given the time value of money.

The time value of money model correctly states with any and all inflation, low as it may be and interest rates being next to nothing, at "current" levels, hence 0%, 72 months, that I paid too much for my car. I would have been way ahead to pay it off as the 72 month person is doing.

So the OP's post was as valid as anyone's. I personally don't have the discipline to cut a check for 72 months worrying that if I miss one payment, it may quite possibly invoke all past interest to that point on some interest rate in the fine print I didn't read............and whatever, had the money and paid, feel very lucky to have had the money and paid it off. A new car can be and often is the worst financial investment, or one of them, barring a new house in year 2006 or a Commodore 64 computer in 1983. Emotionally wise, a car can be a different story.

Peace out,

tony,

Banned twice, trying real hard not to again.............even if I do delete the "cookies" and re-register on another name...........but that would be wrong

[bw26ss]

Originally Posted by 2012-1822

Not sure there's anything to prove, I did it too. But I had a good job with fairly good money, then three weeks later I didn't have a job anymore, life comes at you fast.

OP, just remember that you can and should shop around for a good rate and that rates are negotiable at the dealer. So as stated before, make the deal on the car, then make the deal on the trade if you have one, then make the deal on your financing, all three separately. And it really helps to have financing through your bank or credit union already as an option, then you can see what the dealership can do for you

the thread didn't ask who paid cash for their camaro did it? It asked "Rate you got financing your camaro", so if you didn't finance, great, like i said who cares

[Lunatic]

Originally Posted by bw26ss

the thread didn't ask who paid cash for their camaro did it? It asked "Rate you got financing your camaro", so if you didn't finance, great, like i said who cares

[He11bent]

3.25%...bought mine used so the rate is a bit higher than dealerships offer.

[rberns]

Originally Posted by bw26ss

the thread didn't ask who paid cash for their camaro did it? It asked "Rate you got financing your camaro", so if you didn't finance, great, like i said who cares

If you say "who cares" then why are you making a big deal out of nothing?

[markas214]

0%. 72 months. Zero down! I couldn't justify putting any cash up at that rate and plan on taking the entire twelve months to pay it off. It is a leftover '12 vert. There are still two more on the lot. The really wanted to move that car. Every time someone at the dealership pulls up my info they're like "man you really got a good deal". I've been told twice they only made a hundred bucks on it. I'm guessing they broke even with my trade which they gave $4000 less than I paid 2 1/2 years ago.

[bw26ss]

Originally Posted by rberns

Okay, to make you feel better, you can just say I got 0% financing rate. If you say "who cares" then why are you making a big deal out of nothing?

the who cares, refers to nobody that has to finance their car cares that you paid in cash, there i'm done

[slomaro3.4]

I was very happy with 2.99 for 60 since I'm right out of College and basically just had my letter of intent for employment.

[IPT]

0% here.

Was sweet to....used my downpayment to make a large principle payment on my hosue instead. Thanks GM, saved me a bundle in mortgage interest!

[WildOne]

3.4%

Best is to shop for a rate before you go to the dealership. Make your best deal on the car and then drop the rate on them and see if they can match. Usually they can.

AAA is offering refi for 1.99% for 48 months

[KARBON]

0 % I paid cash