Do you need to actually join or open up an account with a credit union to get an auto loan from them? I’m seeing good rates from penfed, but not sure how this works. always leased in the past
Sponsored
Lol okay. That’s like me saying, “The Broncos have a deal in place to trade with the Jacksonville Jaguars so they can draft Trevor Lawrence. I can’t reveal my sources though just in case it doesn’t pan out.”Word from my dealer when i asked about this (not telling what dealer or sales person so as to not hold anyone to a promise they can't keep), was that he "anticipates" that Ford will be doing some very very attractive intro rates, due to the number of new Ford buyers, and the new vehicle release.
Here's to hoping it shakes out that way
See how good of advice this is?! you never have to stick to anything this way. :-DLol okay. That’s like me saying, “The Broncos have a deal in place to trade with the Jacksonville Jaguars so they can draft Trevor Lawrence. I can’t reveal my sources though just in case it doesn’t pan out.”
I could use this on anything in life.
Lol yeah. I’ll hope you’re right but I still had to laugh at it.See how good of advice this is?! you never have to stick to anything this way. :-D
It's more that if you say the Broncos are gonna make that deal, and say that Sam Jones the locker room towel manager told you, I suspect Sam isn't about to have a good day.
While Ford Credit may exclude the Bronco from 0% financing, credit is a huge money-maker and I can't believe they would be uncompetitive.In some cases, Ford will offer their promotional rate. ( say 0% for 60mo)
If you don’t take the rate, you can usually get a different incentive, say 2000 credit. The deals usually can be used across the board, but time will tell if Bronco 2/4-dr will be excluded.
At my credit union, you join up by opening an account with them (minimum just $5), and then you can apply for a loan. But mine's in Ga, and you have to be a Ga resident. In fact the only reason I joined them was to get an auto loan - which right now they're doing 1.98-percent up to 60 months.Do you need to actually join or open up an account with a credit union to get an auto loan from them? I’m seeing good rates from penfed, but not sure how this works. always leased in the past
Every time I've checked with them, they were no where near being competitive with their APR. ( I can assure you , it isn't my credit rating)State Farm has temporarily stopped doing auto loans so I'll check before the deal and probably use Ford then, refi if a better deal becomes available.
When I bought my F350 mid-2018, SF was the best deal I could find, advertised rates. Ford would never do a good rate on the superduty and I'm not a member of any credit union currently. I did not let the car dealer shop for the loan; dealers can get lower rates than other routes. Of course, when I bought the wife's explorer, you can't beat 0% for 72 mo. via Ford.Every time I've checked with them, they were no where near being competitive with their APR. ( I can assure you , it isn't my credit rating)
Might be a good thing they are teaming up with whatever bank.
Dealers have alway done well by me as far as getting a competitive APR.When I bought my F350 mid-2018, SF was the best deal I could find, advertised rates. Ford would never do a good rate on the superduty and I'm not a member of any credit union currently. I did not let the car dealer shop for the loan; dealers can get lower rates than other routes. Of course, when I bought the wife's explorer, you can't beat 0% for 72 mo. via Ford.
Yeah, and the Sport is selling like crazy. I figure there’s a good chance that there’ll be good rates for the Bronco.We went with Ford Finance and got 0%, 4yrs with our Bronco Sport, they offers .09% for
60Mo
Who knows, hopefully, the wife’s friend bought an expedition and got the same rate.Yeah, and the Sport is selling like crazy. I figure there’s a good chance that there’ll be good rates for the Bronco.
You should use your annual free credit report to pull your report from Experian. The difference wouldn't be that great under normal conditions. It sounds like you have something adverse being reporting specifically to Experian. You'll want to find out what it is and get it addressed.which credit company's do they use. I know I have checked my rate on 3 different ones and Experian is about 100 lower then the other two company's.
still do not know why it is some much lower (100) points then the other two. Have been working on improving all ratings. But by time I go to finance should be a lot better.You should use your annual free credit report to pull your report from Experian. The difference wouldn't be that great under normal conditions. It sounds like you have something adverse being reporting specifically to Experian. You'll want to find out what it is and get it addressed.
https://www.annualcreditreport.com/index.action is your friend here
Power tip: Don't get your report from all three bureaus at the same time unless you absolutely need to in order to clear up known issues. If you spread your requests out during the year, you can get a report every 4 months. All free, as per federal law (explained at the link above).