Any good APRs available for financing?

1094 Views 12 Replies 7 Participants Last post by pummal, Dec 12, 2001

Neo Fender

Discussion Starter · Dec 7, 2001

With a second child due in July 2002 and with a depressed economy, I'm thinking that now would be a good time to buy.

Understanding the Odyssey's popularity, I'm sure Honda finance isn't offering any competitive programs like the domestic manufacturers are.

How have you new owners been financing, through Honda, your bank or ???

BTW, I live near St. Louis, if that makes a difference.

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slocko

· #4 · Dec 9, 2001

one good trick i learned from the FI guy at my honda dealer is that they hate to do business with Peoplefirst. Apparently they have to do a lot of paperwork and it takes a while for them to get their money.

I applied for a 60 month peoplefirst loan through Costco and got a 5.64 rate. The dealer then got me 5.44 through Chase. He said they try to avoid peoplefirst as much as they could. at one point he was going to offer me the 7 year warranty for $500 if i accepted a higher interest rate.

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slocko

· #8 · Dec 9, 2001

peoplefirst also does refinance. keep in mind that refinance rates will be higher than for new car loans.

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slocko

· #10 · Dec 10, 2001

that's good to know. I haven't seen one yet, so I assumed that was not the case. I know that loans for used cars are higher.

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