Let say i wanted to buy a new maxima, what are some good places to get a good intrest rate on a used car.

My local banks are kind of high around 10%

anyone know of any online banks / sites that have good rates?

 

try capitalone.com. they respond quickly and the rates aren't too bad, of course depending on your credit.

 

try a credit union

 

used car loans tend to be set to outrangeous interest payments. my buddy just had to borrow 10k to buy a 7k car. plus you have to pay extra high insurance payments.

i would borrow money from a family member or friend, or put a lein on something nice that you own.

 

We did ours through the credit union/ dealer.

 

It is all based upon your credit. The best rates are your credit unions.

 

how about just saving up until you can buy it in cash? No loans, no hassle, no risk.

 

Dave put it best.

 

my credit is pretty good,

and i noticed rates are good at credit unions too, but how the hell do i get into one, all the ones in my area that i checked wont let you just open an account , someone from immidiate family has to have an account there and must refer you ??

 

Look out for credit car offers . I was able to get what i needed on a cheaper rate through chase credit card company rather than a standard car loan.

 

I work with credit unions here where I work as a car broker. If you are Tier one credit (The best) The best rate I've seen lately with our credit unions are 7.75% for 84 months or 6.95% for 72 months on a used car!

 

It depends on the CU... Mine is open to anyone in the area, while we have the Tennessee Teacher's Credit Union, City Employees' Credit Union, and others that are occupation-specific.

 

ya i bought my current maxima like that, i had 0 % intrest for 12 months, but i only took out a small amount and it was a pita , I dont want to take out a large amount on it.

I guess im gona visit some of my local credit unions and see if anyone will hook me up without having to be a teacher or a post office worker .

 

my credit union is the best. since they cut me a new car one for $30k low %, i was easily able to get the nissan one instead for 1.9%

join one. they are great.

 

you can try roadloans.com. i can't guarantee your rate but they are great to work with.

 

Before I became a Loan Officer, I worked for Capital One Auto Finance as an underwriter. I would have to recomened them because its a steamline process and they usally give the best rates for used cars. I don't know what there rates are today but I have a buddy that still works up there and I know he can get you a good rate...if you want me to talk to him i can for you, just email me so I can give you his # at work.

 

I would say credit union, if you belong to one! Easier to deal with, lower cost loan and all.

 

There are a couple in Cromwell that have opened recently that are supposed to be taking on new customers. I think you in central CT so it shouldn't be too far from you.

 

thats not to far from me, do you remember the name by any chance?

 

Forum credit union has 5.75% for a 48 month loan..

 

I'll drive by them both tomorrow. I'll let you know.

Actually one is American Eagle Credit Union

 

whos ur bank? wellsfargo even if ur credit is not all that great they are giving 6.94% to basically anyone

 

When all else fails, your parents or in-laws if you have any.

 

ive got banknorth and peoples.... they are around 10% and over last time i check , and the can keep thier money at that rate