Financing - rate comparisons

[TrueAt1stLight]

What rates have you all found in financing your new rigs? So far the best I’ve seen is 2.14% 36 months. Any better???

Edit to add: Rates at Affinty Plus may be the winner.

36 month 1.74% $28.53
48 month 1.99% $21.69
60 month 2.24% $17.63
72 month 2.74% $15.08
84 month 3.24% $13.46

(Ugh. 84 months?!? Who knew this was becoming at thing)

 

[Gibby13]

2.49% at Penfed for 72 months

 

[B520044]

I got 2.29% with Navy Federal for 72 mo, but will payoff in one year. Rates were the same regardless of term.

 

[gat0r]

What rates have you all found in financing your new rigs? So far the best I’ve seen is 2.14% 36 months. Any better???

Edit to add: Rates at Affinty Plus may be the winner.

36 month 1.74% $28.53
48 month 1.99% $21.69
60 month 2.24% $17.63
72 month 2.74% $15.08
84 month 3.24% $13.46

(Ugh. 84 months?!? Who knew this was becoming at thing)

they've had 72 & 84 for a while... i was shocked when i saw it offered back in 2015
a few years prior to that i heard there was 1 or 2 lenders offering ...
97 month




guess lenders thought they had to compete w/ Cali mortgage terms LOL
40 & 50 year offerings

heard rumors of 60 & 100 year. but pretty sure that's only a non-US option at this point.

 

[Gibby13]

I think Navy Federal has had 96 months since 2010, maybe even before that.

 

[RugbyRef]

We got 1.9% for 36 mos. at the credit union where my Navy retirement pay goes. We tried to see if our primary bank (PNC) would play ball...nope.

Regarding the extended loan months (84, 96 and beyond), it seems like lenders are going the same way for cars the way they lend money for boats and rv's. I don't know...just my $.02 cents.

 

[wsteele]

These are extraordinary times. Never in the history of the Fed, have they made creating inflation their primary goal.

For as long as I have lived, being debt free was always the best policy.

One of these days the Fed and our glorious drunken sailors in Washington are going to be successful in their quest of creating inflation. When that happens, being a big net debtor may actually turn out well, as long as you can keep paying the coupon.

What a world.

 

[B520044]

These are extraordinary times. Never in the history of the Fed, have they made creating inflation their primary goal.

For as long as I have lived, being debt free was always the best policy.

One of these days the Fed and our glorious drunken sailors in Washington are going to be successful in their quest of creating inflation. When that happens, being a big net debtor may actually turn out well, as long as you can keep paying the coupon.

What a world.

It is scary times indeed. We'll probably have to pay a large vehicle tax in the near future, as well as $5 per gallon gas. The government will decide for us what we need.....

 

[wsteele]

It is scary times indeed. We'll probably have to pay a large vehicle tax in the near future, as well as $5 per gallon gas. The government will decide for us what we need.....

On the tax front, you may end up being right. The world is awash in oil, so gas prices likely won't be spiking because of a supply/demand imbalances, at least for quite a while, but I could certainly see much higher gasoline taxes being part a New Green Deal.

 

[Stbentoak]

The only answer is using less overall. You don’t have to pay as much if you don’t need as much. If I can’t find or order a Dmax, then I may have to move to another brand. Not paying extra for premium and getting 15 mpg....