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May 26, 2023
12:14
:36
am
Chileboy
Walk-on
Any of you fellas bought a car very recently .
I have a good credit, but best loan rate that I can get to buy a used truck is 8.1%. That’s crazy .
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Chileboy
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Chileboy
Joined
Jun 28, 2022
Last login
Mar 27, 2024
Total posts
19 (0 FO)
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Messages
Author
Time
Any of you fellas bought a car very recently .
Chileboy
5/26/23 12:14am
It's all part of the new normal.
Mississippi
5/26/23 12:27am
The Fed is really to blame for not raising interest rates in 2018-2019
chismoso
5/26/23 8:00am
A few weeks ago. Cash or dont buy right now.
Backcountry
5/26/23 12:51am
Purchasing one in a month and came to the conclusion we are doing cash.
CoastalCoug
5/26/23 2:12am
Yup. Paid cash.
Boring
5/26/23 3:43am
Yes. Paid 80% cash and financed the rest so my kid could get it on his credit
WDaddy
5/26/23 4:23am
Yes. 100% cash.
OnEMoReTrY
5/26/23 5:30am
Bought an F150 - .9% APR
akimbocoug
5/26/23 6:10am
I got about that rate. I'll pay it off in December.
Dark Forest Green
5/26/23 6:19am
I did two weeks ago at 7.4, it’s just terrible right now
gww687
5/26/23 6:42am
I should clarify, this was for my business, so commercial loan/commercial rate
gww687
5/26/23 9:18am
bought one last week
Ethman
5/26/23 6:59am
It was that way at the dealerships. Did an auto loan through my bank - 5-6%
Medute
5/26/23 7:10am
Crazy. One year ago, I bought at car at 2.8%
TADOW
5/26/23 7:30am
Last night. New truck. 7.2%. A few months ago new truck at 6.3%
blueaussie
5/26/23 7:38am
Are you checking credit union rates? AFCU is lower than that.
Tokolosh
5/26/23 7:44am
Yep. I saw credit union rates between 4-6% last week depending on new vs used.
WDaddy
5/26/23 7:53am
You can get lower if you massively overpay for the car which isn’t smart to do
kotacoug
5/26/23 7:44am
We did. Bought my wife a Hyundai Santa Fe and used Hyundai finance. Got a 2.9% rate with them.
zonacougar
5/26/23 8:10am
If you're trying to decide whether or not to buy now or in a while, rates are
1984coug
5/26/23 9:10am
My Bronco (that now I won't be able to get until EOY) I am sitting at 8.1%
1984coug
5/26/23 9:32am
Sure did. Paid 4k cash for an old pickup a few weeks ago. I like money too much
TailgateU
5/26/23 10:23am
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