Interest rate at Porsche Finacial
05-05-2021, 10:43 PM
#61
2.14% for 72mo at a local texas Credit Union today. They were offering up to 120% LTV if i had wanted to take it 
, Not sure who goes that much backwards into a car at this price point makes me question.
, Not sure who goes that much backwards into a car at this price point makes me question.
05-11-2021, 02:23 AM
#63
Intermediate
05-11-2021, 11:03 AM
#65
The dealer rolls TTT, plus any dealer added accessories and shows the buyer, "look, it's only $25 more a month, so just roll it in to the loan".
05-11-2021, 01:14 PM
#66
Intermediate
05-11-2021, 06:32 PM
#67
2.14% for 72mo with BofA after they got the VIN and purchase invoice to substantiate value. Mid 800s FICO with 60% down.
Finance manager at dealer said they could not match it.
Finance manager at dealer said they could not match it.
05-18-2021, 04:08 PM
#69
One (hopefully) final update: BofA called and lowered it to 2.14%. Still a 72 month term with $100k financed. Made the mistake of paying cash for my wife's Defender last year instead of letting that money go to work in the market. Will definitely let this loan sit due to how cheap money is right now
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detansinn (05-18-2021)
05-18-2021, 06:54 PM
#70
RL Community Team
Rennlist Member
Rennlist Member
One (hopefully) final update: BofA called and lowered it to 2.14%. Still a 72 month term with $100k financed. Made the mistake of paying cash for my wife's Defender last year instead of letting that money go to work in the market. Will definitely let this loan sit due to how cheap money is right now
06-08-2022, 12:54 AM
#71
Intermediate
06-08-2022, 02:27 AM
#72
06-08-2022, 08:25 AM
#74
RL Community Team
Rennlist Member
Rennlist Member
For a 60 month loan...
BofA is 3.59% depending upon your state
https://www.bankofamerica.com/auto-l...to-loan-rates/
PenFed is 3.29%
https://www.penfed.org/auto/rates
Of course, these are all "as low as" rates. Some banks, including BofA, will go lower than the advertised rates for existing preferred clients with stellar credit.
For the most part, interest rates with a 2 in front just aren't happening anymore. That ship has sailed, but 3% is still in the free money zone.
Porsche Financial Services rates aren't available online, but with history as a guide, I wouldn't be surprised if they were north of 5% today.
BofA is 3.59% depending upon your state
https://www.bankofamerica.com/auto-l...to-loan-rates/
PenFed is 3.29%
https://www.penfed.org/auto/rates
Of course, these are all "as low as" rates. Some banks, including BofA, will go lower than the advertised rates for existing preferred clients with stellar credit.
For the most part, interest rates with a 2 in front just aren't happening anymore. That ship has sailed, but 3% is still in the free money zone.
Porsche Financial Services rates aren't available online, but with history as a guide, I wouldn't be surprised if they were north of 5% today.
The following users liked this post:
AlexCeres (08-10-2022)
06-08-2022, 08:32 AM
#75
For a 60 month loan...
BofA is 3.59% depending upon your state
https://www.bankofamerica.com/auto-l...to-loan-rates/
PenFed is 3.29%
https://www.penfed.org/auto/rates
Of course, these are all "as low as" rates. Some banks, including BofA, will go lower than the advertised rates for existing preferred clients with stellar credit.
For the most part, interest rates with a 2 in front just aren't happening anymore. That ship has sailed, but 3% is still in the free money zone.
Porsche Financial Services rates aren't available online, but with history as a guide, I wouldn't be surprised if they were north of 5% today.
BofA is 3.59% depending upon your state
https://www.bankofamerica.com/auto-l...to-loan-rates/
PenFed is 3.29%
https://www.penfed.org/auto/rates
Of course, these are all "as low as" rates. Some banks, including BofA, will go lower than the advertised rates for existing preferred clients with stellar credit.
For the most part, interest rates with a 2 in front just aren't happening anymore. That ship has sailed, but 3% is still in the free money zone.
Porsche Financial Services rates aren't available online, but with history as a guide, I wouldn't be surprised if they were north of 5% today.
The following users liked this post:
detansinn (06-08-2022)