Thread: Car Financing
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Old 02-08-2007, 04:23 AM   #6 (permalink)
Redjake
I'm a family man - I run a family business.
 
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Location: Wilson, NC
The rate is very good.

I wouldn't go for a 6 year loan though. I wouldn't go any past 5 years. If you have to take it out to 6 years, you probably can't honestly afford it, anyway. If you can, get even a 4 year auto loan.

It's very unlikely anyone can beat the interest rate, unless the dealership is very large, and has lots of opportunities to finance - my girlfriend got her car recently for 5.25% at Bank of America from the dealership.
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