Zeusy Zeus
Well-Known Member
- Thread starter
- #16
Hey thanks for that. Actually looked into Navy Federsl and they are offering 4.7% APR but I’m waiting to see if I’m approved at that rate. Would be huge if so in this interest environment.Check with credit unions. USSFCU is 5.74 for 84mo, 5.49 for 72, 4.99 for 60 etc. The lowest rates around right now AFAIK.
Folks who are putting a significant amount down or paying cash aren't affected as much by the higher rates... but it is true that the rates do hamper affordability. Average down payment on a new car last i checked was only 6k.
I guess folks have gotten used to $1,000+ a mo payments.
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