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Interestingly my credit union, that I have been financing cars with for twenty years because they always had the best rate, has not changed their rate since this whole crisis began. It was 2.64% before anything started to happen and it is still 2.64% today.
Anyone heard rumours of dealerships laying off their sales staff? Wondering what this will do to my order...if they've laid off most of their sale staff and this keeps going, I figure there might be a chance the dealership may not be around much longer?
San Diego furloughed most, if not all of their staff. One of their SA's that had been there 22 years posted it up.
That’s nuts Dr. Chill. 1.65% is pretty sweet. I saw that Hyundai’s doing 84 months 0% interest. I know Porsche doesn’t need to do rates like that, but it’s an indicator of the industry.