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DAP Forums > DREAM Act > The Lounge

Car Loans

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#1
07-29-2014, 01:56 PM
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Joined in Nov 2007
3 posts
og8790
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remove please.
Last edited by og8790; 08-20-2018 at 08:14 PM.. Reason: delete
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#2
07-29-2014, 02:22 PM
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From Connecticut
Joined in Mar 2009
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2Face
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Took out about $7,000 loan at 4.9%. Strongly suggest going through a CU.
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#3
07-29-2014, 02:23 PM
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og8790
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remove please.
Last edited by og8790; 08-20-2018 at 08:14 PM.. Reason: delete
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#4
07-29-2014, 02:34 PM
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EM92
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40k with co- buyer

3.9%
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#5
07-29-2014, 02:55 PM
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Allthatnmore
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38k with 10k down 7.9 interest 2 other credit unions offered 6 percent but were asking for permanent residency. I bought a ram from a dealer that sells dodges and hyundais and got financing through hyundai financial.
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#6
07-29-2014, 03:11 PM
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og8790
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remove please.
Last edited by og8790; 08-20-2018 at 08:14 PM.. Reason: delete
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#7
07-29-2014, 03:20 PM
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Michcio07
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7.9 on a car is huge jesus christ ;/
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#8
07-29-2014, 03:50 PM
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FinAnalyst
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Ouch.. Some of these rates are high!.
27K at 0.9% directly from the dealership, no co signer..
Last edited by FinAnalyst; 07-29-2014 at 04:23 PM..
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#9
07-29-2014, 04:05 PM
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11K with a 2.4 APR. Took it out with my local credit union.
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#10
07-29-2014, 09:39 PM
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Allthatnmore
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Quote:
Originally Posted by og8790 View Post
Isn't that rate a little high? I guess I should have also asked annual income since that is also taken into effect when requesting a loan. I will be attempting a 45k loan with an annual income of 60k and 12k down.
yeah this was not a new truck, it was a 2500 with 20k miles on it so interest tend to be a bit higher when financing a preowned, they said my credit history wasnt long enough to get the lowest rates and yes they will take into consideration your income, this was more like a job expense that i had to take, would never pay more then half a year of hard work on a car just for fun.can yall post who you financed with so we all know who works with DACA, seeing this rates yall got i will be trying to refinance.
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Bio appointment:9/13 done
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Last edited by Allthatnmore; 07-29-2014 at 10:12 PM..
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