95 C4 993

I would avoid a credit card route completely. One late payment and you could be sitting at 22+ percent interest rate. Knock out any long term interest accumulation with a few extra $$$ towards principal every month and you will be fine regardless of few interest points.

6 or 9 percent would make no difference to me in getting a tradidtional car loan. I have never had a loan go the entire length of the loan. Banks hate me!! :-)

98993c2s

For those eligible, USAA has excellent interest rates & 100% financing.

tbil

Was able to get a 4% fixed for 4 yrs through my local credit union last year. Uses home equity as collateral so interest is all deductable. Much cheeper than using my own money - paying cash.

joey c

i bought an 87 and financed the whole thing and 6k in neg equity(traded a car)..capital one..5%.j

MrBonus

I don't understand this logic. Unless you plan to default on the loan, why not use your home equity which will most likely produce a favorable rate compared to many of your other options that will also allow you a tax deduction for the interest (Assuming you're purchasing the car personally)?

faster

i had used JJ Best with a couple of my old corvettes and porsche's some years back, quite simple. if i remember right i dickered with them on interest as well. just another option to look at.

greenjt

THe promotional credit card rates seem to always come with a 3% fee attached to the loan/advance. Read the fine print. It may not be the deal you think it is when you factor in the upfront.

Sooner

Bought mine in 2005 using a citibank mastercard access check. No fees, 2.9% until paid off. That's as good as free money, since I can get better returns on a CD or investing.