B-Rapid 718

That is even worst sorry bud. Ok I feel a little better with my 3.24%. @72 months. OE Federal credit union if anyone is curious.

TXRubicon

Their rates are higher now.

3.49% for 72 is the current published rate.

Wayshegoes

consumers credit union will do 84 month 4.9% used. Maybe less for 20-22 model years. They do financing for out of state buying as well which seems to be hard to come by.

B-Rapid 718

Wow, I must have just squeezed in before the new September 1 rates. What sucks even more was that my 40k down payment was gambled away in securities and is in the hole down 40%. I’m not selling! The 1.74% was for 48 month as originally intended.

Xxyion

Has anyone done financing with Porsche Financial recently? If so how have the rates been? I know PFS generally prefer people to finance with them so I wonder if they offer lower rates to entice people that way?

TXRubicon

Spoke with my Fin Manager about that a few weeks back and they were already in the 6%+ range even for excellent credit. He flat out said PFS is not competitive and they aren't showing any indications they want to be.

Xxyion

my god. That's just really not what I was hoping. Ugh

B-Rapid 718

I got 4.99% with 837 credit score the day of my delivery 7/12 from PFS they use Bank of America. As a favor to my SA who gave me msrp (In Northern California) on my 2022 Cayman GTS I took the loan then refinance it through credit union afterwards.

Xxyion

that's just absolutely insane. 4.99% with almost a perfect credit score. And back in July no less.

Highline-Autos.com

...yeah that 4.99% is crazy. I refinanced my Rover with a credit union last montth at 4.5%, it is a 2013, my credit score is just under 790.

daaa nope

My dealer put it bluntly: "PFS Sucks". They didn't even ask them for a quote when I bought my Spyder.

Bearrun21

Yes, information regarding PFS rates matches--thus my dealer pushed me to US Bank for my Spyder delivery in August.

Part 2, don't miss on @B-Rapid 718 's idea to 'help' your dealer by financing through them--and later flipping to a refinance. Simply, you can HELP build your future relationship (for future cars) by making moves like that. Part 3, ask the dealer how long you need to keep the loan they originate open. In my case, I will keep the loan 4 months and then pay it off. By keeping it for 4 months, it avoids the dealer getting a chargeback from the lender.

ExMB

That number don't mean squat without all the relevant pertinent info; down payment, term length, business, personal, etc, etc, etc.

c1pher

I’ve gotten competitive rates with PFS. Have used them three times now.

Sklambda

BOA is 3.49 if your are a platinum honors member. If not it’s 3.99% as of right now. You can lock in your rate for 30days.