Hi All-

Looking to finance a 911s. Loan will probably be around 65k. Interested in a 75 month. Does anyone have any recommendations for a bank to remotely finance, credit union, etc? Would love to keep my rate as low as possible and not have to go with dealer financing. I'm not ex military, or senior citizen. Thoughts?

 

Pentagon Federal Credit Union. I do not believe you have to be former military or federal worker. Low rates but I do not know if they go for a 75 month.

 

I shopped around in NY/NJ area prior to my purchase and the cheapest was the dealership... One dealership was offering 1.9% depending on model year. Might not be a bad idea to reconsider your local dealer.

 

+1 on both above replies:
-Penfed is currently 1.99% up to 60 months max. They have wonderful customer service. As PTParks mentioned, you definitely don't have to be military or federal to join.
-About a month ago I almost pulled the trigger on a CPO at my local dealer and PCNA was offering 1.9%. I would have stuck with PenFed since I already finance my other loans with them and the cost difference for 0.09% was minimal.

 

+1 for penfed, 1.99% is reasonable.

 

another penfed vote here.

 

Yep, penfed.org here as well, you don't have to be in the military, you don't even have to be a citizen, I have a co-worker who is here on a H1B work visa and was qualify for a loan.

 

75 months, really? That seems like an awful long time to finance a car. Why not a less expensive car for fewer months?

 

Over the years, I have always found the lowest rate at my credit union. However, the last car I purchased was for cash. That rate most certainly works best for me when I have the cash. Good luck to you...

 

another vote here for penfed.

 

Seems that most of us are PenFed members.

 

Try BofA they do 72 months and have solid rates on used dealer and private party.

 

yes BOFA is good as well...

 

PenFed takes my vote, they have 72months ONLY for brand new cars and rates are 3.49% I think, for 60months you can get 1.99%, last month they had online special 1.49%.. *I sound like their sales person*
You have to have a family member who banks w/them to get their membership or working at the Pentagon.
good luck

 

Not entirely true - you can join by making a donation to certain charities that support our troops. Win/Win as far as I'm concerned!

Simtiaz: I feel like I sound like their salesperson also!

OP: congrats and enjoy your new car!