Interest rate at Porsche Finacial
Pro
Joined: Oct 2019
Posts: 615
Likes: 403
From: Hawaii
RL Community Team
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Joined: Jan 2019
Posts: 6,090
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From: Doylestown, PA
You should be putting down enough to get the auto loan below $100k. That will get you best rates and a much bigger universe of potential lenders.
The current rates are outside of the free money zone ("free" money being 3% or less). That being said, these rates are considerably better than what you'll be seeing later this year and in 2023. It's a good idea to do a 30 day rate lock once you've got a good idea as to when the car will be at the dealer. As I've said before, if you are waiting for delivery day to do your auto loan, you are doing it wrong for a multitude of reasons.
The current rates are outside of the free money zone ("free" money being 3% or less). That being said, these rates are considerably better than what you'll be seeing later this year and in 2023. It's a good idea to do a 30 day rate lock once you've got a good idea as to when the car will be at the dealer. As I've said before, if you are waiting for delivery day to do your auto loan, you are doing it wrong for a multitude of reasons.
Three Wheelin'
Joined: Sep 2019
Posts: 1,293
Likes: 1,380
You should be putting down enough to get the auto loan below $100k. That will get you best rates and a much bigger universe of potential lenders.
The current rates are outside of the free money zone ("free" money being 3% or less). That being said, these rates are considerably better than what you'll be seeing later this year and in 2023. It's a good idea to do a 30 day rate lock once you've got a good idea as to when the car will be at the dealer. As I've said before, if you are waiting for delivery day to do your auto loan, you are doing it wrong for a multitude of reasons.
The current rates are outside of the free money zone ("free" money being 3% or less). That being said, these rates are considerably better than what you'll be seeing later this year and in 2023. It's a good idea to do a 30 day rate lock once you've got a good idea as to when the car will be at the dealer. As I've said before, if you are waiting for delivery day to do your auto loan, you are doing it wrong for a multitude of reasons.
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Burning Brakes
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