Best Place For Low Interest Auto Loan?
Registered User
Joined: Jul 2008
Posts: 1,708
From: Houston, TX
Rep Power: 190
PenFed is awesome!!
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Registered User
Joined: May 2012
Posts: 106
From: South Florida
Rep Power: 0
Thanks All! Penfed looks like the way to go, although I got a pretty killer deal at USBank. Loving the "S", need to retrofit paddles now, those steering wheel buttons are not easy to get used to!
Registered User
Joined: Nov 2003
Posts: 7,049
From: Bangladesh/Herndon VA & DC
Rep Power: 322
PenFed takes my vote, they have 72months ONLY for brand new cars and rates are 3.49% I think, for 60months you can get 1.99%, last month they had online special 1.49%.. *I sound like their sales person*
You have to have a family member who banks w/them to get their membership or working at the Pentagon.
good luck
You have to have a family member who banks w/them to get their membership or working at the Pentagon.
good luck
Registered User
Joined: Apr 2013
Posts: 502
From: Austin, TX
Rep Power: 88
The dealer usually has many sources outside of Porsche itself. We were going to pay all cash for the last car, but ended up financing half of it when they steered us to a local credit union that had a 1.63% deal being offered at the time. We used the rest of the cash elsewhere.
Registered User
Joined: Aug 2011
Posts: 9
From: Maryland
Rep Power: 0
FWIW, if you get paid biweekly, a loan where payments are posted (not just collected) on a biweekly basis will get you either a lower payment or shorter term. I had a definite monthly limit in mind and was able to meet that with a biweekly payment plan.
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