Str8Piped

its almost 8%

anyone have any suggestions which company to go with?

badtoro99

just bought mine today and in SLC Utah they did 8.9%...

MAUIBLU

Check out Navy credit Union if you have a family member that was in the armed services you can become a member. They are advertising rates right around 5%

Biohazard

Here are some I have seen mentioned on this site before:

https://www.lightstream.com/
https://www.deltacommunitycu.com/
https://www.dcu.org/borrow/vehicle-l...uto-loans.html
https://www.armcocu.com/
https://www.woodsidecredit.com/porsche-club-america/
https://www.logixbanking.com/

Mondo1

Take a look at Pentagon Federal Credit Union (PENFED). Really easy to deal with and great rates. I have used them several times in the past.

nyca

Penfed is good because anyone can join.

ipse dixit

Cash.

nyca

Cash is fine, but a 5% loan with the Navy right now is free money.

Zoomnbyu

54321... Entrance of you can't afford it if you can't pay cash mafia.

drcollie

They charged you 2 extra points for using the word “gonna” and Porsche in the same sentance.

detansinn

While it’s a great rate for 2024, 5% is outside of the “free money” range. When rates were 2-3% you could justify putting your cash to work elsewhere and coming out well ahead. 5% is a significantly bigger lift to make that work.

drcollie

don’t feed the trolls. OP is about 14 years old if you read his other posts.

detansinn

If you’ve got the cash, it’s the obvious solution and in this environment, the best one.

dixonk

PFS is great for taking the car out of the dealership easily. They don't need paperwork (good for people that don't get a W2) and will finance the full amount even the higher value stuff. No early payoff penalty. Then you can take your time sorting out refinancing, pulling money out of markets, savings, or whatever blows your skirt up. The catch is their rates always suck. Navy Federal is great but it still requires a trip to a branch and they don't transfer to the dealership so you will need to make the deal, go to them, then come back to the dealership, they also sometimes take a couple days with underwriting on the higher value loans. Since they don't work directly with the dealership you will need to do title work and then mail them the title if your state is not a title holding state. But if you are sitting on the dealer floor and want to drive off with a car PFS is the quickest way off the lot.

Crusje

Navy Fed is 4.54 for a 36 month loan. T bills are 5.2%. You can always pay it off whenever it doesn't make sense.