cparkin

The 3 payments go to cap reduction as the other gentleman stated. If you received 3 payments written to you in check form you received something that is not from PCNA/PFS.

ny991

I put most of the money down and borrowed the rest at 2%/60mo. New car rates are cheap!

adamsclubs

With the current high lease rate, financing at 2% might be a better option. Does PFS offer additional incentives than lease, if paid in cash?

ny991

my 2% loan was through a local credit union.

carsrmyvice

Guess my salesman did not know what he was talking about because he said do you want a check written to you for the 2400 or would you like to use it for drive off reduction. I elected to use it for first and fees.

adamsclubs

I knew, which was why I asked the question. To PFS it was a cash deal.

Carrera GT

2% ... decent. Well, still highway robbery, but by banking standards, taking 1.75% isn't unreasonable. 2% ... hmmm ...

aelia

I believe that the difference between 1.75% and 2% for 100k over 60 months is approximately $11 per month... still if you can get 100k for 1.75% go for it, I have found that Credit Unions that have 1.75% new car loans only give you the loan up to 70-80k if memory serves.

ny991

I had to be under $50k to get it.