Just got final confirmation for new USSFC account. Started the process on 5/8. Final approval 5/23
They just raised the rates 
Just saw that FUUUU$$$$KKKKK. For me it like $920 more over the term of the loan. Not much but damn, this shit has to stop.
You can probably request to get rates available during application since thats when you started the process
I will ask. Never hurts.
Sharing a datapoint. Just closed on a new vehicle refinance.
Original dealer financing was with Chase for 72 months at 7.8%.
New loan with CUNJ is 66 months at 5.69% with no payments for 90 days.
8 Likes
Another up vote for USSFCU here - yesterday (5/25) I closed a lease buyout (Audi Q5) for 60 months @ 4.49%. Took about 2 weeks from start to finish including joining their credit union. They say they are swamped (probably LH has a lot to do with it) but they communicated through their portal every day or two until everything was set. All docs can be uploaded, DocuSign for loan docs, etc.
1 Like
You must have gotten in before the rush. They are taking forever to just open an account.
With nearly 8% on top of it. MY. WORD.
Well I’ve had my first laugh of the day LOLOL. Stab you in the back and smile while you bleed… I would definitely call that compassion. 
1 Like
Financing a car for 96 months isn’t a good idea, but 7.84% for 8 years to pay is actually pretty amazing in today’s economic reality and rates.
1 Like
Yep, not a good idea at all but actually a pretty good rate for EIGHT YEARS to pay off a car you can’t afford anyway when compared to some rates that are 6% or so for 4 or 5 years.
1 Like
Gotta own the hellcat somehow 
4 Likes
Totally.
The smart money following the dumb money with that play on the car you can’t afford is to refi when the rates come back down and in the interim stick as much extra on that payment as you can.
This of course is “smart” only after you realize how dumb it was to get that loan and car in the first place.
5 Likes
Dealer is offering me 9.14% at 72 or 84 months for a 2021 Highlander with 19K miles.
My credit score is above 800.
Engine issues with my current old car so I need to move on something soon. What are the odds that I can refinance that loan to a better rate at a credit union like USSFCU a few weeks or so from now?
With the slow CU pace I’m reading about on here, it would be convenient to do so after I have the car and am no longer in a rush.
whats the price on the car?
you can get a new one for 4-5k off with @Jrouleau426
toyota will finance it for 48 months at 3.99%
It’s a FWD 2021 Highlander LE for $36,700 OTD. I have an option for new in the same trim at $43,100 OTD 5.49% at 72 months, but am not sure I want the higher monthly payment and $6,400 greater principal. Also unsure I want 4 cylinder turbo over 6 cylinder. I’m open to suggestions though.