Notices
Evo General Discuss any generalized technical Evo related topics that may not fit into the other forums. Please do not post tech and rumor threads here.
Sponsored by: RavSpec - JDM Wheels Central

Financing percentages?

Thread Tools
 
Search this Thread
 
Old Oct 30, 2005, 10:51 PM
  #1  
Evolving Member
Thread Starter
 
Revolver Ocelot's Avatar
 
Join Date: Oct 2005
Location: Ca.
Posts: 211
Received 2 Likes on 2 Posts
Financing percentages?

What kind of financing rate do you think mitsu would offer me if i have a 718 credit rating? It would be on an IX MR.
Old Oct 30, 2005, 11:14 PM
  #2  
Evolved Member
iTrader: (10)
 
Johnny Boy's Avatar
 
Join Date: Mar 2005
Location: Pembroke Pines FL
Posts: 652
Likes: 0
Received 0 Likes on 0 Posts
your not going to get 0%
Old Oct 30, 2005, 11:26 PM
  #3  
Evolved Member
iTrader: (19)
 
naucrx's Avatar
 
Join Date: May 2003
Location: Columbus, OH
Posts: 1,406
Likes: 0
Received 1 Like on 1 Post
There's more to your credit than just your CBR score. The only way to find out what you'll get is to fill out a credit app and see for yourself.
Old Oct 30, 2005, 11:35 PM
  #4  
Evolved Member
iTrader: (10)
 
Johnny Boy's Avatar
 
Join Date: Mar 2005
Location: Pembroke Pines FL
Posts: 652
Likes: 0
Received 0 Likes on 0 Posts
True
Old Oct 31, 2005, 12:22 AM
  #5  
Evolving Member
iTrader: (6)
 
EVO_JOE's Avatar
 
Join Date: Jan 2004
Location: Mitsubishi Santa Monica
Posts: 414
Likes: 0
Received 0 Likes on 0 Posts
Unfortunately MMCA Has horrible rates.

If there not the special APR they tend to be 1 and a half points higher

Credit unions have the best rates.

But most rates right now around 5.9% for 60 months with perfect credit
Old Oct 31, 2005, 01:09 AM
  #6  
Evolving Member
 
binarysleep's Avatar
 
Join Date: Sep 2005
Location: Igloo
Posts: 257
Likes: 0
Received 0 Likes on 0 Posts
Go to the source. Call a dealer on a slow day and ask to speak to the financing deptartment. Ask them what credit score they consider prime. With 718 you are close (each lender is different), but the only true answer you'll get is from them.

Don't tell them what score you have, just say you don't know but were wondering what Mitsu considers prime for their best rates.
Old Oct 31, 2005, 01:41 AM
  #7  
Evolved Member
iTrader: (10)
 
Johnny Boy's Avatar
 
Join Date: Mar 2005
Location: Pembroke Pines FL
Posts: 652
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by EVO_JOE
Unfortunately MMCA Has horrible rates.

If there not the special APR they tend to be 1 and a half points higher

Credit unions have the best rates.

But most rates right now around 5.9% for 60 months with perfect credit

I got 0% for 60 months
Old Oct 31, 2005, 01:51 AM
  #8  
Evolved Member
 
GPTourer's Avatar
 
Join Date: Mar 2002
Location: Birmingham, AL
Posts: 4,312
Received 3 Likes on 3 Posts
There are no special rates on Evo IX's.

Yes, you could have gotten 0% for 60 months on an Evo VIII last month, but that is over. You can still get 3.9% or less depending on term.

More then likely after you are going to go through some other lender then Mitsubishi on an Evo IX, but yes somewhere in the 5's or 6's is probably where you will fall with a 718. Prime is going up again, so it isn't going to get any better next month.

Last edited by GPTourer; Oct 31, 2005 at 01:53 AM.




All times are GMT -7. The time now is 08:39 AM.