finance rates
07-20-2020, 11:01 PM
#16
Instructor
Join Date: Jul 2020
Location: New England (currently San Diego)
Posts: 117
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30 Posts
It was 2.5% a month ago on the GT4 for PFS.
BofA was the lowest for me at the time (including PenFed and the others). 2.19 with preferred status. Otherwise it's 2.69, just like their website says. Dealer made it worth my while to go with PFS instead of taking the better rate.
Edit: these are all 60 months.
BofA was the lowest for me at the time (including PenFed and the others). 2.19 with preferred status. Otherwise it's 2.69, just like their website says. Dealer made it worth my while to go with PFS instead of taking the better rate.
Edit: these are all 60 months.
07-20-2020, 11:25 PM
#17
You can leverage it further than I did, especially knowing what I know now. I want to build a relationship so I’m not looking for every last dollar, even though Ieft money on the table. As naive as that is, the dealer has done me solids in all aspects thus far, including trade.
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Gatch (07-20-2020)
07-21-2020, 12:01 AM
#18
Man the rates are so low in the US compared to Canada...
07-21-2020, 12:04 AM
#19
07-21-2020, 12:09 AM
#20
Burning Brakes
07-21-2020, 12:16 AM
#21
Usually the lower rates are on shorter terms from what I've seen historically. Any financing PFS will make money; if it's low enough, you could invest that money for a better return (one can dream PFS would offer 0% 
). Either way, they were nowhere close to my threshold to even consider financing. It is very interesting though how different the rates are with similar terms between Canada and the US.
). Either way, they were nowhere close to my threshold to even consider financing. It is very interesting though how different the rates are with similar terms between Canada and the US.
07-21-2020, 09:40 AM
#22
Burning Brakes
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07-21-2020, 08:21 PM
#23
Rennlist Member
Just met with my SA to discuss my delivery that is expected to be in San Diego any day now. (Porsche says tomorrow which seems unlikely) I inquired on rates trying to decide if it makes sense to finance any portion. 2.5% had me intrigued. Apparently that rate has now bumped back up to 2.74% for tier 1 with PFS. Still pretty low.
07-21-2020, 09:05 PM
#24
Three Wheelin'
Thread Starter
Just met with my SA to discuss my delivery that is expected to be in San Diego any day now. (Porsche says tomorrow which seems unlikely) I inquired on rates trying to decide if it makes sense to finance any portion. 2.5% had me intrigued. Apparently that rate has now bumped back up to 2.74% for tier 1 with PFS. Still pretty low.
07-21-2020, 09:06 PM
#25
delete
Last edited by ExMB; 07-22-2020 at 06:59 AM.
07-24-2020, 02:12 AM
#27
Burning Brakes
One update to my financing. Had picked it up last Friday and was offered 2.74% from PFS. As I noted above, I opted for my local credit union BECU instead which the dealer told me was also 2.74% for 60 months. BECU called me today to inform me that the dealership had it wrong and I actually got 2.54%. The difference isn't huge, but a nice surprise nonetheless.
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