First Evo This Week
#1
First Evo This Week
Hey everyone,
Finally after a lot of hard work and dedication, I am heading out to the dealership this Tuesday to get my first evo.
Quick question:
Does anyone recommend whether I should get financed through my bank or the dealership? Is there any major pro's and con's? Which would I have a better chance of picking up a better interest rate at or is it pretty much a toss up?
Thanks fellas!
Finally after a lot of hard work and dedication, I am heading out to the dealership this Tuesday to get my first evo.
Quick question:
Does anyone recommend whether I should get financed through my bank or the dealership? Is there any major pro's and con's? Which would I have a better chance of picking up a better interest rate at or is it pretty much a toss up?
Thanks fellas!
#2
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Is this your first car youve ever financed?
You usually get better interest rates at the Bank, so obviously you would want to get Financed through them. But if it is your first car you ever financed, then chances are, your Bank will not give you a loan, and you will have to settle for being financed at the dealership for higher rates.
You usually get better interest rates at the Bank, so obviously you would want to get Financed through them. But if it is your first car you ever financed, then chances are, your Bank will not give you a loan, and you will have to settle for being financed at the dealership for higher rates.
#4
I think he's getting his first Evo, not first car.
I'm sure you'll get a better deal on your car through the bank instead of mitsu...lots of people went and got it re-finaced right when they got home.
I'm sure you'll get a better deal on your car through the bank instead of mitsu...lots of people went and got it re-finaced right when they got home.
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#10
Check www.edmunds.com. There are three different $500.00 rebates out there for the IX. Maybe you qualify for one of them.
#11
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With financing through the dealerships, you're usually paying for a car and 1/2 with how high the rates are. If you go through a bank or a credit union, (i'm going through Capital One Auto Finance) you can get a pretty good rate. Either way, i don't suggest going through the dealership.
#12
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Unless the dealership has a special finance rate, usually the credit union is going to take it by a few points. Most people think that there is a huge difference between 1% such as 3.99% or 4.99%, but it is like $10 a month difference, and $500-$600 over the 5 years depending if you go that long to pay off the car. Now there is a huge difference between 3.99% or 5.99% compared to 8.99%.
#14
Credit unions rock if you can get into one. Or at least the one I belong to does.
Decent rates and I believe in all the years I've been with mine, I've only ever had two finances charges (both ATM withdrawal surcharges). Plus, they tend to be more lenient about a payment that is a day late or some such.
Decent rates and I believe in all the years I've been with mine, I've only ever had two finances charges (both ATM withdrawal surcharges). Plus, they tend to be more lenient about a payment that is a day late or some such.