I got 2.9% from Ford for 60 months. Local bank was 3.45 for 72 months

Sign up, and you can customize which countdowns you see. Sign up

Report problem with this ad

Aug 5, 2022
3:58:25pm

jrifkin48 Troublemaker

I got 2.9% from Ford for 60 months. Local bank was 3.45 for 72 months

Report problem with this ad

jrifkin48

Bio page: jrifkin48
Joined: May 7, 2011
Last login: May 1, 2024
Total posts: 28,196 (1,310 FO)

Report problem with this ad

Messages

Author

Time

Whats a good used car interest rate? getting waaaay too many ads doing search

byu1

8/5/22 3:37pm

0% because you paid cash for the used car. that's a great interest rate

Cougarclaw

8/5/22 3:42pm

Typically a really bad idea really, unless your rate is crazy high.

Duke Silver

8/5/22 3:50pm

Ha...A bad idea? That's rich

Ricky Butler

8/5/22 4:10pm

Yeah, assuming you can get a good rate it makes far more sense to finance.

Duke Silver

8/5/22 4:16pm

All my investments are -4 to -9 this calendar year.

pilot17

8/5/22 5:19pm

This year, sure. Chances are high that your annualized return for stocks over

Duke Silver

8/5/22 5:56pm

I don't know anyone who got wealthy through car loans.

Ricky Butler

8/5/22 9:13pm

You don’t get wealthy through car loans, but you can make solid investments

Duke Silver

8/5/22 9:32pm

Buy used has worked out super well for me. . .

Zoobieman

8/5/22 4:08pm

Where does the church recommend only having a 3 year loan

cougarfann888

8/5/22 4:11pm

I have heard it like 4-5 times either when I was at BYU or 26-30 years old.

Zoobieman

8/5/22 4:53pm

D&C 63:8

CertainDeath

8/5/22 5:13pm

thats another option as well, but have been told that super low interest rate is

byu1

8/5/22 4:17pm

I mean. . . it is good if the car you are buying is a good price to begin with.

Zoobieman

8/5/22 4:35pm

For 60 months I am guessing somewhere between 4.4-4.8%

cougarfann888

8/5/22 3:47pm

I got 2.9% from Ford for 60 months. Local bank was 3.45 for 72 months

jrifkin48

8/5/22 3:58pm

Was that a new car? And when was that?

cougarfann888

8/5/22 4:09pm

This week. New truck

jrifkin48

8/5/22 5:11pm

thanks for reference, I just got quoted 2.6% by my credit union

byu1

8/5/22 4:12pm

That's solid. Take it now as rates are only going up

jrifkin48

8/5/22 5:12pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad