I'm gonna finance for 60 months. I do have a trade in which is a nice tax incentive, but all in all probably put between 50-60k down and just finance the rest.

My sales rep gave me a sample payment with current rates, It was like 3.9 for 60 months which isn't too bad.

 

I've been researching financing from various credit unions and seems like I can find some in the 1.9-2.5% range for 60-84 months. Dealer says they will try to match whatever I can find, but I imagine their rates are over 3% just guessing for the same term.

Will trade in my Rover, put some cash down, and finance the rest, I think investments can beat the interest rate on the loan.

 

Reasonable.

Keep in mind, a lot of Credit Unions have a Max Finance Amount of $100K. At least the ones in Northern Virginia. 1.9% - 2.5% is solid for those terms. I'm seeing a lot of 3.99% for 84 months and lots of mid 2's for 60 months. I was thinking of going to SunTrust, JP Morgan Chase and Bank of America. They are usually strong on rate.

 

MB Financial doesn't do 84 months.

 

When I went to build mine, I was told MB Financing offers the following:

36 months - 4.09
48 months - 4.49
60 months - 4.49
72 months - 4.59

TBH, those rates aren't that great. They did tell me, though, that MB tends to be more lenient as far as the loan amount. So as long as you have a solid history without late payments, they would most likely approve it. Doesn't surprise me given the rates.

I was also told they would also shop it around. They frequently do business with Chase and Bank of America. Curious as to what BofA or Chase would require down and what their rates would be.

I'd like to get that all sorted sooner, rather than later, but nothing can be done until the VIN is issued.

 

Anyone have a reputable good credit union on West Coast?

 

Most pre-approvals I've run into are only good for 30 days, so I figure after Thanksgiving I'll apply.

Yes good info--I've seen some credit unions with $100k limits, but I have found a few that don't have a limit, as long as the loan to value ratio is less than 90% which shouldn't be a problem.

 

Can someone recommend a credit union in houston which does not have the 100k limit?

 

My G63 was built Oct 19, at the port Oct 24, departed Nov 4 on a ship called Victoria Highway, scheduled to arrive Brunswick Nov 13. Come on EPA get them approved.

 

My 63 is on the same ship as yours!

 

Off topic: How well do they fit into a 1 car garage? My house is set up as a 1 2 1 right now. I'd use the double one, but I also have a truck that's too big for a 1. I'm more concerned about the width of the vehicle not the height. A traditional 1 car is 8 feet wide.

 

You won’t have a problem !

 

EJKAUFMAN you probably already have it but here is the link to track Victoria Highway just in case you don't:

https://www.vesselfinder.com/vessels...MMSI-374069000

 

SunTrust - No Limit & They Do 84 Months - Very Nice Rates - You can walk into any Branch, (Proof of Income / PayStub) (Bank Statements - 3 Months) ( Open Credit: Equifax, Experian, TransUnion)
US Bank - Great California Bank - No Limit, but only 72 Months, Excellent Rates. (No Branch Lending, Deal must get approved trough Dealer)
Bank of America - Excellent Terms & Rate - Max Finance, around $150K - Insane Rates if you already have a bank account with a nice balance with them. As much as .50% discount on the whole rate.
TD Auto Finance - $250K - But must go trough dealer & they do 84 months and usually let you finance the whole thing
ALLY FS - No Limit, but high rates and they do 84 months. They like the 72 months stuff better
Digital Credit Union - Hit & Miss - 1-2 hour phone wait, insane rate but they like low amount loans.

 

​@CUZCO yes! I posted it above in this same thread on 11/2!

 

MB Finance Rates are based on Month-Of-Delivery.

Crediit-Union and Bank Pre-Approvals that you can hold them to - are good for 30-days or only end-of-month depending on the particular institution - require VIN# - and also require vehicle has been released into US - just like insurance the vehcile has to show entered/logged into the US.

Great rates from about everybody 36 months - need to shop 48/60/66+

Some of the "not necessarily national" credit unions can have sharp rates : https://www.kinecta.org/loans-lines/car-loans

A "national" that gives good service - cost $35 to join thru membership in one of theri recommended non-profits: https://www.penfed.org/

 

Cheap

 

How can I join PenFed?

 

Well, this thread seems to have been hijacked!

 

But, very interesting.

 

agree, let’s get back on topic. Mine was built 10/30 and no update yet on whether it’s on the way to port. Regarding launch of 2021s, I’ve not heard anything that would change the December timeline that was given previously.

 

Same here, mine is built and waiting for ship assignment to the east coast. Hoping the release comes asap so mine can be sent to my dealer as soon as it arrives in the US. 🤞🏾

 

Look .. someone in the thread asks a question - the question gets answered... that's how a thread goes..... sorry for you if you call that a hijack... we call it a "forum":

If you don't know where your G-Wagon is right now - then you might ask more questions..

Penfed.... follow the money... to answer the question for the Google impaired...

Sean Dennison
June 24, 2018Customer shaking hands with bank teller at bank counter.The life of a service member can be fraught with sudden change. You could be spending time with your family one day and gearing up for deployment the next. Military credit unions provide Department of Defense employees and their family members with stability through reliable banking options.

You don’t necessarily have to wear the uniform to take advantage of a military credit union. Read on to find out which institutions also offer their competitive interest rates and products to civilians.

Click through to discover important money lessons from service members.

Military Credit Unions Open to Civilians

Use the following instructions to join a military credit union even if you’re not a service member, veteran or military spouse. You might find that you already meet other non-military eligibility requirements through another organization that you’re currently a member of, or because of where you live.

Air Force Federal Credit Union

AFFCU, with headquarters in San Antonio, offers membership to Department of Defense employees stationed or working in Texas, Oklahoma, Arkansas, Louisiana or Mississippi. Civilians are eligible to join if they:

• Have contractual relationships with the DoD and live in AFFCU’s member states
  
• Are part of select San Antonio churches, labor unions or local businesses
  
• Become a member of The Airman Heritage Foundation
  

To join, you will need:

• Valid driver’s license, state ID or passport
  
• Social Security number
  
• Information for any joint account owners you will be adding to the account
  
• Information for any account you wish to switch over to AFFCU
  

Opening a savings account through AFFCU requires a $5 initial deposit. A one-year membership to The Airman Heritage Foundation costs $25. The credit union also offers checking accounts, money market accounts, credit cards and an individual retirement account service center. The credit union offers some of the best CD rates, too. Online services include a mobile app that allows you to monitor your account and online bill pay.

Pacific Marine Credit Union

Originally Camp Pendleton Federal Credit Union, named so after the large Marine Corps base north of San Diego, civilians qualify for PMCU membership if they:

• Live, work or worship in either San Diego, Riverside or San Bernardino Counties
  
• Are an immediate family member of a current PMCU member
  

If you meet the criteria, you may begin your application process either online or in person. You’ll need the following documents and information to complete your application:

• Valid driver’s license, state ID or passport
  
• Mailing address
  
• Social Security number
  
• Date of birth
  

Additionally, approved accounts require a $50 deposit. PMCU offers its members products such as savings accounts — including accounts geared toward kids and teens — checking, money market accounts, auto and life insurance, mortgage loans and wealth management planning.

Watch and Learn: 3 Ways Thinking Like the Military Can Save You Money

Pentagon Federal Credit Union

PenFed Credit Union does not require military affiliation to become a member. The membership request takes only a few minutes to complete and can be done online.

The first step to gaining membership requires establishing eligibility. Active-duty military, military spouses, military employees, military retirees and even housemates can simply select the appropriate option. For people who are not affiliated with the U.S. military in any way, PenFed directs you to the charity of your choice:

• National Military Family Association: Prospective PenFed members have the option of joining — i.e., donating to — the National Military Family Association for $20. This leading military charity supports the needs of military families and children.
  
• Voices for America’s Troops: A $15 contribution helps Voices for America’s Troops improve the quality and sustainability of programs for troops and their families. Once you’re a member of this organization, you can meet eligibility requirements to join PenFed.
  

After making a contribution to a charity partner, step two asks applicants to enter their contact information. Then you can fund your PenFed basic savings account with a $5 minimum deposit.

 

I agree with the above post. This thread has been hijacked. Another thread can be started for the other discussion.

 

The more posts I read from you, the more I see you're just an antagonist. Others have openly made this observation as well. Threads are started for a particular topic. If you wish to talk about a different topic, then start a NEW THREAD related to the NEW TOPIC. It's quite simple, actually.