Financing Rates Currently

[Gbsn721]

Think that was the final rate I got, I’ll have to verify when I get back home.

They also got my taxes a bit wrong due to it being out of state. I got a refund for $292.00 of taxe

Who was that loan through? that's a great 72 month rate

Dealer got it from Bank of America.

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[NoelPR]

Think that was the final rate I got, I’ll have to verify when I get back home.

The level of envy I feel right now is amazing.
Beautiful

Dude if the ITS value behaves the same. You can get a free car plus cash in a few years.

 

[Gbsn721]

The level of envy I feel right now is amazing.
Beautiful

Dude if the ITS value behaves the same. You can get a free car plus cash in a few years.

Yeah it was a great deal, and that is literally the price they sent me. I didn’t haggle 1 penny. And I got all the stock stuff.

Luckily I got the CTR for MSRP in 2018, so I didn’t lose much in the deal.

My CTR is finally up for sale on their website.

https://www.acuraoflafayette.com/in...r-touring-fwd-4d-hatchback-shhfk8g76ju203272/

 

[Gbsn721]

If you really want good rates and have a connection to the military try Navy Federal Credit Union. I am moving to Virginia to start a new job and opened an account there today so I’d have a bank with a local branch, and their rates blew me away. I may refinance after I close on my house.

 

[BBauto]

For all those that recently got financing on their Integra, what rates did you all get?

I am currently getting a new ITS at the end of the month or first week Sept. , So I will be filling out all the paperwork to lock in a rate that way everything is ready to go other than signatures when the ITS comes in. I live in the Midwest near STL, it appears at most of the credit unions I have worked with before have rates from 5.4-6.9 for the 60/72 month options.

Through Acura 6.01 % with 20K down and 48 months to pay.

 

[Tylershuman07]

My CTR is finally up for sale on their website.

https://www.acuraoflafayette.com/in...r-touring-fwd-4d-hatchback-shhfk8g76ju203272/

Dang they’re not making any money on your car.

 

[SeanIsElsewhere]

Has anyone checked with their credit union if they’re with one? I got a great rate on my teg last spring; 3% for 72 months. Has the market shifted dramatically and now interest rates are double?

 

[suzysparks]

Has anyone checked with their credit union if they’re with one? I got a great rate on my teg last spring; 3% for 72 months. Has the market shifted dramatically and now interest rates are double?

It’s called the Federal Reserve. Since last year they’ve started raising interest rates. Every time they raise interest rates, so does your credit union and banks. We bought an MDX Type S last April and got 1.95% at our credit union. Today their best rate is 5.94% and my credit score is 850. I’ve lost track how many times they’ve raised rates in the last year, year and a half; but it’s been almost every time. It sucks.

 

[SeanIsElsewhere]

It’s called the Federal Reserve. Since last year they’ve started raising interest rates. Every time they raise interest rates, so does your credit union and banks. We bought an MDX Type S last April and got 1.95% at our credit union. Today their best rate is 5.94% and my credit score is 850. I’ve lost track how many times they’ve raised rates in the last year, year and a half; but it’s been almost every time. It sucks.

ah I see. I don’t follow the financial sector too regularly and was unaware. Hopefully they’ll cool back down again in quick time and open the opportunity for more folks to enjoy (sometimes desperately needed) new cars

 

[Integra23]

I'm still seeing 5.99%

 

[suzysparks]

ah I see. I don’t follow the financial sector too regularly and was unaware. Hopefully they’ll cool back down again in quick time and open the opportunity for more folks to enjoy (sometimes desperately needed) new cars

Unfortunately you need a lot of things to happen for the rates to go back down. I don’t see that happening anytime soon. Just my opinion.

 

[zooka]

So far the best in my area for a 60 month is 5.49% from most credit unions, I don't think we will see the days of where most lenders are at 1.9, 2.9 ,3.9% in along awhile as stated by others.

 

[Hakmamba]

I work at a CU, to qualify for the best rate advertised its usually some limit around 700. Assuming one has no red flags (delinquencies, charge off etc) At that point you are no diff than someone with 740 or 800+. What really matters is your Debt to Income Ratio. CU's might give a break on the rate by a quarter of so if you are a long time member with multiple products with them (home loan, business loan, credit cards, previous car loans etc) of if you belong to some association (teachers union alumni etc etc) Rates are starting to see no break in months (36-72) with the same rate and go higher past that. Just put it into this perspective, when rates were 2-3%, Savings rates where abysmal (1% if your lucky) If financial institutions are offering CD's starting at mid 5% now, you have to expect there to be an correlation to lending rates as well. If Dealers offer 0% financing, they are taking a loss to move the car or to upsell you one something else.

 

[Clark_Kent]

So far the best in my area for a 60 month is 5.49% from most credit unions, I don't think we will see the days of where most lenders are at 1.9, 2.9 ,3.9% in along awhile as stated by others.

This is about the best you will find in the current interest rate environment for a majority of the population. There are outlier institutions; however, they only serve a well-defined customer base. If you search all corners of the Internet you will find some lenders who are 50-100 bps lower than the best rate and/or offer a better tenor.

These high(er) rates are not going anywhere in the near term. CPI and unemployment numbers will be the indicators to watch going forward.

 

[Jon54115]

Acura/Honda Financial did 5.99% for 72 for me a few days ago (assuming this is the Sept 2023 rate).

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