Loan rates

[Dan2510]

Originally Posted by Lapdogherc

If you borrow against your home you can get a better rate on home equity loans.

Why would you ever borrow against your home for a car?...not very smart.

[trudawg660]

I love usaa also i rather have the loan with them than any other company their rate is at 5.24 which sux. but i plan on paying it of in 3 years. deployment coming up soon.

[Banshee]

I just got off the phone with PenFed after being approved for both my Camaro at 100% and the balance of my Harley.

My rates? 3.99% 60 months Camaro, Refi Harley at 6.49% for 36 months (old rate 9.80%)

Was approved in 36 hours.

My revolving accounts total 9% of debt, mortgage $1285 Credit scores 733-767. One motorcycle loan $423. Just in case you guys need a reference on qualifications.

The customer service was AWESOME! Check for bike being mailed today, Camaro check when I get a VIN.

GO TO PENFED!!!!!!

[Blue Joe]

3.99 for 60
4.74 for 72 seems like the lows.Local credit unions seem to be pretty good.gmac will be 7.99 for credit score of 720.

[DETECTIVE PILOT]

Originally Posted by Travis64

whats the lowest gm gives?my score is 730

I have a score over 740. i financed 30k w/ gmac and got 5.9 for 60. Let me know if gmac gives u a better rate.

[tom692010]

5.5% works credit union. Already approved for 36k. I've finance several cars and bikes through them.

[Blue Joe]

Originally Posted by DETECTIVE PILOT

I have a score over 740. i financed 30k w/ gmac and got 5.9 for 60. Let me know if gmac gives u a better rate.

When did you purchase the corvette or camaro? 5.9 is not usually available onyour sports cars through gm.

[Grimelock2009]

Does anyone know what credit Agency does GMAC use for approval?

[DETECTIVE PILOT]

Originally Posted by Blue Joe

When did you purchase the corvette or camaro? 5.9 is not usually available onyour sports cars through gm.

I DID THE 2010 CAMARO (BLACK 2SS/ 6SPD). IT SHOULD BE IN TODAY OR TOMORROW. IF U R SAYING WHAT I THINK U R SAYING, I GOT A GOOD RATE FROM THEM.

[camaroincarolina]

Delta Community Credit Union in Atlanta,GA.....6% for 72 or 84 months

[Blue Joe]

Originally Posted by DETECTIVE PILOT

I DID THE 2010 CAMARO (BLACK 2SS/ 6SPD). IT SHOULD BE IN TODAY OR TOMORROW. IF U R SAYING WHAT I THINK U R SAYING, I GOT A GOOD RATE FROM THEM.

yes you did 5.9 for 72 is great for sports car from gm.although credit unions are lower.

[JSOC_MQ1]

I have seen alot of 60 - 72 month quotes; however, if you are having to look longer term (as I am) the below is being offered.

Arsenal Credit Union (Arnold, MO) http://www.arsenalcu.org/
83 Months 5.7% - 5.9% (depending upon credit score).
Must have a min. FICO of 630 to qualify

[1camaro4me]

Originally Posted by wlvrine

People still have equity in their homes???
Must be nice. :(

Home equity loan???
So if I have negative equity in my house does that mean the bank will pay me to buy a Camaro?

[Dakota Kid]

Originally Posted by TAG UR IT

That's who I'm with and they are claiming they won't rate match at this time due to the market. They will either match the rate give to me from the lowest I find, or I will obviously go w/ the lowest I find. ...and here they are....


Pentagon Federal Credit Union (PENFED) does 3.99 for 60 months

Randolph Brooks Federal Credit Union is doing 3.7 right now....don't know loan term....probably 60 months.

For both of these loans, you must be a member....not a big deal....easy to get done.

However, I'm going to go w/ RBFCU and get all set up and approved. When it comes time, I'm calling USAA offering them the opportunity to pick up my loan (since everything I do is with USAA and we've been a member with them for over 12 years). If USAA does not match, I'm going to be PISSED OFF!!!

Same here, longtime USAA member...they actually called me recently letting me know they dropped their rate to 5.24...I told them about RBFCU, PENFED and other that are below 4%.....I told them they have to match those rates if they want my car loan....we will see.