car financing?

[hergehen]

Hello,

well , I think my car is going down ... looking into getting Subaru Impreza like '98-99 ... only if I could get a good financing ... b/c right now we have really big problems with money ... sis's medical school, my school, new cars, house ...

so, are there any deals , like no financing for few months or so ? ... decent financing rate ?

thx

 

[ace31216]

Well... I think GM, Chrysler and Ford has no interest rate for the first six months. As for no payments the first few months, not sure anyone is willing to do that.

 

[kranky]

If you are buying a used car you won't find much in the way of super-low financing. But if you have good credit, call a few banks and see what they are charging. I'd guess they'll be around 6.5 or 7%. Then see what the dealer is offering.

As far as no payments for a few months, a way around that is to sell your current car for cash (not as a trade-in). Then you can use the money from that to help with the first few payments. Your loan will be higher, but it is a way.

 

[rommel]

man auto sales are down...you should be able to get 0% for the length of the note...i know gmc was doing this and i am sure there are others

 

[Entity]

<< you should be able to get 0% for the length of the note >>



That's actually not quite true. Most people with credit ratings of 700 or above get them on new cars; used cars and people with worse credit, though, won't have as much luck.

Check around on www.carbuyingtips.com and you should be able to find some info.

Rob