Quote:
|
Originally Posted by MTHRAR
Quote:
Originally Posted by M3 Adjuster
Call me when BMW FS offers 1.99% like my credit union does right now...
|
Could you PM me the Credit Union that you use? I haven't found anything below 2.49% (USAA) and another one that has slipped my mind for 2.24%. After the Fed raised the rates, 1.99% for 72 months has been hard to find. I may consider doing 60 months at this point, but I plan to keep the car "at least" 6 years. |
It's my employer and also an insurance company but it only services employees. I took a look around and you are right the last rate hike has moved rates up, my CU doesn't really react with the market as much.
In general, in my opinion, credit unions are better lenders than banks. They react more slowly to the market and they also tend to give you more leeway with regards to risk as they know you longer ( ala American Express for credit cards ). I do actually have a second credit I can provide info on, that I bank with and they still have 1.99 terms it appears.
https://www.xfcu.org/personal/rates/
Looks like the rate is a 2.34 percent with a .35 percent rate deduction for having a checking account.