What kind of interest rate im looking at for an auto loan with a credit score of 750?

I want me a 2005 chrysler sebring so baddddd!! And whats the best place to apply for that loan besides my shady credit union? I been with my credit union for 6 years now...and if i was to take my income tax check there they crazy @#$%^ want to hold it for 10 days, like the dam check aint mines!!

What kind of interest rate im looking at for an auto loan with a credit score of 750?

HomeSchoolMom said it best... perhaps you should rethink that 2005 Sebring. Is your current set of wheels really that bad? Hold on for another year, and that Sebring will cost you even less.

I know. I just saved a bunch of money buying my car with cash. Got a great deal on a former rental car, well maintained, low mileage, etc. But the best part? NO CAR PAYMENT!

Okay... just in case we haven't convinced you yet, go to your credit union and talk with a lending officer. Credit Unions are the best place to get your car loan. Don't step foot on to a car dealership without having your funding already lined up.

If you'd like to run some numbers, here is a web site with some great calculators that you can use to see what the true cost of the car will be and what the best loan for you will be: http://www.dinkytown.com/auto.html

Good luck!

What kind of interest rate im looking at for an auto loan with a credit score of 750?

Auto Loan Guide: http://autoloans.autoloanassis... Report It

What kind of interest rate im looking at for an auto loan with a credit score of 750?

Call three other credit unions nearby and ask them.

What kind of interest rate im looking at for an auto loan with a credit score of 750?

Do you own a home? If so use your equity line of credit.

Otherwise 6.5 - 8% ... Good Luck!!!

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What kind of interest rate im looking at for an auto loan with a credit score of 750?

Unfortunately banks are seeing a lot of fraudulent checks these days. Cashiers checks and government checks are the most likely to be fradulent and for large amounts of money. Banks put the hold on them to protect you as well as themselves against loss. Your credit score should warrant a good interest rate on a car loan. Also check on having your payment automatically deducted. Most banks offer a discounted rate when you do that too. Check with your local bank. Banks base rates on the year of the vehicle and your credit rating.

What kind of interest rate im looking at for an auto loan with a credit score of 750?

To answer your question (sort of) - you are in a VERY bad spot, if you want that Sebring so baddddddd! You will not be able to negotiate a good deal from the dealership and as soon as you drive off the lot, the value will go down by 20% (maybe more!)

Save up some cash, buy a USED car and skip the payments. Take the money you would have spent on payments each month and save it up, so when it's time for another car, you can pay CASH - there's some negotiating power! How happy do you think you'll be paying $400, $500, $600 on that 5, 6, 7 year old car (in 5, 6, 7 years)? Or, to put it another way, how would you feel about making the same payment on a 5, 6, 7 year old car if you were making those payments today? Try tacking on the interest payments over the course of the loan? How much MORE will the car cost with interest (that's the REAL cost of the car)? New cars are a HORRIBLE place to put money. Let someone else take the depreciation, buy a vehicle someone else has (f)leased.

BTW - All banks put holds on checks if you don't have the funds available to cover it, just in case it IS a bad check.