Hi Guys,
I was thinking of getting a 30k-40k loan and buy a few years old Corvette.
Do you think I can get a good APR and what is the best way to loan? Credit unions? Any specific ones?
I used Chase bank online estimator for used car and APR was %4.2 for 60 Months with Excellent credit.
Is it a good number?
Credit Union or maybe dealer financing if they have any special rate for a GM Certified etc
DCU usually has good rates. Look at great unions though. You can get lower than that rate from Chase
depends where you live…
best rates usually here in socal - USAA, School’s First, Navy Fed, OC Credit union
other good banks - unify fed, kinecta, pen fed
chase bank, bofa, wells typically higher than credit unions. esp on used.
Local credit union or a federal one like Penfed
@BoardWalkNJ I heard DCU’s service isn’t as good as it used to be.
CUs are membership based so you typically have to live/work/study in the locality to qualify for your local one or join an association (nominal fee) to join one of the federal ones.
I live in Bay area, san jose.
Can I still use the good deals in SOCAL?
I can drive there for the paperwork.
yes, i sell to anyone in california or those that own and can register vehicle to properties owned here.
current used car rate ( at lease down here in socal) Bankrate.com
go with credit union if you are looking at a used car loan for sure like @chevysalesgirl said.