Auto Loans

[STANGGT40]

used.

Most new cars have 0% financing right now so I would be going through the dealership... but new Ford and dodge trucks are still well over 30 k new even with all of the incentives.

most of the "0%" offers require you to give up a rebate...this way you take the rebate and get the 2.99, which will be the best way to go, usually. (obviously on new) i don't know what to tell you about the used car, though.

[8mpg]

Damn... 2.99% on used? Im going to try and finance

[STANGGT40]

Damn... 2.99% on used? Im going to try and finance

https://www.penfed.org/productsAndRates/loans/vehicleLoans/usedAutoLoans.asp

yep, they have some damn good mortgage rates as well!

[8mpg]

https://www.penfed.org/productsAndRa...dAutoLoans.asp

yep, they have some damn good mortgage rates as well!

I really wish I was in the market for a house.. If the economy stays in the crapper until summer, I hopefully will be.

[STANGGT40]

I really wish I was in the market for a house.. If the economy stays in the crapper until summer, I hopefully will be.

hell, they have a 3.5/10yr with 0 pts...i haven't checked out other rates just yet, but that is damn low!

[8mpg]

Im impatiently waiting to hear back from PenFed on the refi of my truck. Dont have a huge monthly income, but good credit score and Im $8k ahead on the truck value.

[STANGGT40]

if anyone is interested in refinancing, give penfed a shot...2.99% financing is great! i filled out the app online on 11/23 and i received my loan info and check on 11/27. easy as pie and quick! thank you, fordracing19, for the link to them!

[Lone Sailor]

if anyone is interested in refinancing, give penfed a shot...2.99% financing is great! i filled out the app online on 11/23 and i received my loan info and check on 11/27. easy as pie and quick! thank you, fordracing19, for the link to them!

I think for most, everyone is going to want to know how good of a credit score they'll have to have in order to get something like 2.99% before they go having another hard pull on their credit report.

[Cobra86]

Drive a beater until you can pay cash! Life is good without car payments!! Drove a lot of beaters until I could pay cash for a new vehicle. Used the car payment that I wasn't making to buy a nicer house that actually appreciated in value. Dave Ramsey Rocks!

[fordracing19]

I think for most, everyone is going to want to know how good of a credit score they'll have to have in order to get something like 2.99% before they go having another hard pull on their credit report.

They just pulled mine for the home equity loan and its 782. Wife's was a 821. Guess those are average.

[Lone Sailor]

They just pulled mine for the home equity loan and its 782. Wife's was a 821. Guess those are average.

Those are not "average" credit scores by any means, and probably 65-70% aren't even in the 700's.

[Vertnut]

They just pulled mine for the home equity loan and its 782. Wife's was a 821. Guess those are average.

821 is stellar.

[STANGGT40]

I think for most, everyone is going to want to know how good of a credit score they'll have to have in order to get something like 2.99% before they go having another hard pull on their credit report.

i haven't checked my credit for a while, so i'm not certain what my scores are...last i checked, they were in the high 700s, if i remember correctly. you can call them and ask, though...they have their phone number on their site and, when i called, i got a live person very quickly.

[STANGGT40]

Drive a beater until you can pay cash! Life is good without car payments!! Drove a lot of beaters until I could pay cash for a new vehicle. Used the car payment that I wasn't making to buy a nicer house that actually appreciated in value. Dave Ramsey Rocks!

i can pay cash for a new vehicle, if i want, but i'm damn sure not going to pay cash when i can get 2.99% financing!

[8mpg]

and over a month later, I call them back to finish up some paperwork (completely forgot about refinancing) and its done. 2.99% for a 5 year old truck with 85000 miles. My interest rate is dropping from 6%.

Wahoo