What are Nissan Interest Rates???
10-24-2002, 02:12 PM
#1
New Member
Thread Starter
Join Date: Jul 2002
Location: Chicago
Posts: 5,563
Likes: 0
Received 0 Likes
on
0 Posts
What are Nissan Interest Rates???
Anyone know of how high are the Dealer financing rates on the Z's??? The dealer I went to was saying that there are NO special rates for the Z & I can expect over 7%. Is this correct???
Thanks,
Marcin
Thanks,
Marcin
10-24-2002, 02:23 PM
#2
Registered User
Join Date: May 2002
Location: Costa Mesa, CA
Posts: 1,780
Likes: 0
Received 0 Likes
on
0 Posts
My credit is good... a bit over 700 now... but I don't have extensive credit history (under 5 years), so I didn't qualify for Peoplefirst and Eloan's 4.75%...
But Nissan got me 6.25%, and I'm happy with that...
But Nissan got me 6.25%, and I'm happy with that...
10-24-2002, 03:14 PM
#3
Registered User
Join Date: Jun 2002
Location: Kirkland,WA
Posts: 524
Likes: 0
Received 0 Likes
on
0 Posts
Having no real credit history (I'm 23, first time buyer), I was very happy to receive 8.25% through Nissan's Graduate program. Most online lenders flatly refused to lend to me. I received one offer through lendingtree.com - 17%!!! And that didn't even cover the entire amount I asked for... I'm very thankful for Nissan's program.
Mika
Mika
10-24-2002, 05:15 PM
#7
Registered User
Join Date: Sep 2002
Location: Kirkland, WA
Posts: 452
Likes: 0
Received 0 Likes
on
0 Posts
It's possible the dealer is making additonal profit by using his choice for the financing rather than yours. I was pre-approved by NMAC but the dealer finance guy used another company (at a higher rate) anyway. He implied it was my credit, but that was BS. I refi'd it at 5.4%, which was a pain and took a fair amount of time (vehicle inspection, etc.).
I strongly recommend that you get pre-approved by someone other than NMAC as well and be prepared to hand the dealer a check if he won't match the deal you got elsewhere.
Peoplefirst has very good rates, as does E-Loan... If you have a Credit Union you can join, they have great deals as well.
I strongly recommend that you get pre-approved by someone other than NMAC as well and be prepared to hand the dealer a check if he won't match the deal you got elsewhere.
Peoplefirst has very good rates, as does E-Loan... If you have a Credit Union you can join, they have great deals as well.
Trending Topics
10-24-2002, 05:56 PM
#8
Registered User
Join Date: Sep 2002
Location: Dallas, Texas
Posts: 569
Likes: 0
Received 0 Likes
on
0 Posts
I would venture to say that it depends more upon your individual credit than as to WHO you get the loan from, although that's definitely a factor. I went back to Nissan saying I had 4.88% lined up, and they said they can beat that, so I'm going with my dealer. As long as he beats 4.88%, I'm happy....my credit's pretty good by the way. If your credit ISN'T, do some research online as there are ways to fix it!!
Thread
Thread Starter
Forum
Replies
Last Post
