Re: reasonalble APR's when buying a car

Re: reasonalble APR's when buying a car


credit has a lot to do with it. if you have bad credit, limited credit
or no credit, expect a higher APR. out here in cali, i believe the
average is right around 6.25%APR through credit unions. you can get a
lower APR through manufacturer financing. my co-worker financed her
new car through the vw credit and she's at 4.9% which is pretty good,
but she has A-paper credit. again, it depends on your credit. once
the rate start creepin close to 10% (and there are lenders who charge
even higher), then i would say that's too high personally.

btw, wrong forum, so i moved to the correct spot.


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del
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