Question:
If not, what's the reasonable rate these days for the same term?
Answers:
im suppose to pay 7000 but he wrote down $1750?
http://www.bankrate.com/brm/rate/auto_ho...
What they are doing is packing the rate. In other words, they are overcharging you on the interest rate to make more money on you. Who is the loan through? If it is Honda Finance, demand net rate...use that term. It should be lower than 6.9%. If it is through a regular bank, tell them you will get your own financing and get back with them. That should let them know you know what you are talking about. I realize Honda has special rates on some models, but the CRV seems to be excluded from the promotion.
What do you think is better? Honda SI sedan, Toyota Corolla Type S, or the Mazda6 sport?
They need you more than you need them, remember that. 8% on a new car loan, especially a reliable maker like Honda, is high. This is all based on good credit. If you have shady credit, like a mid to high 600 score, take the rate and run. Demand net rate, no pack. Say it just like that. If they play dumb, than tell them you prefer to do business with a seller that passes on actual, not jacked up rates, to their customers.
What Do You Think Of This DEAL??
What rate should you get? Well, that is entirely based on your credit score. Ask your own bank what they would give. You may save money securing your own financing. Not always as some may say. Dealers get actual payment from gathering loans for banks and can pass that on to its customers to make a deal. It's something that is not there if you pay cash or get your own financing. G'luck.
are the new Ford Mustang reliable? Will you buy it?
That's probably a "reasonable" rate. It depends on your credit rating. If you got that rate from a car dealer, you might be able to get a better rate from your bank.how many cars and or motorcycles can i sell in a year in ARIZONA?
5 years to pay a car off is not worth it. The car be worth next to nothing by the time you paid it off.what used car for £6k : vectra, astra, corsa, toyta corolla ?
You can probably do better somewhere else, or try negotiating. When I bought my first new vehicle recently, they offered 4.9 and I talked them down to 0.9. Some dealers offer zero percent, but often there's a catch or you have to have spotless credit.should i short-term lease or buy a used car from dealer?
Thats an awfuly hard question to answer. To my knowledge your apr% depends on your credit rating and we dont know what that is. its sort of an unfair question.no...best place for car loan rates are credit union.
Sounds damn good to me
My friend is looking for employment in automotive industry in Singapore. Any help?
7.85 is fine. Normally it's 8.9%.If you have Tier-1 credit (over FICO 690) then you should try Capitalone.com. Their current rate is like 5.99% and even lower if you are a Costco member.
what is the price of used Honda Cr-v 1997?
That is kind of high. I would be looking for something around 5-6.5%. With interest rates the way they are now, I would shop around.More Questions & Answers ...
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