hey guys, what APR rate should I be looking at for 2003 car?
I'm not 100% sure on my credit score, but it's in the top tier. Enough to get 0% financing on my Evo 10.

I'm looking at this 2003, and they gave me 6.9% does that sound right? because I was expecting around 5~6% but then the manager told me it's because the car is 6 years old.

 

They will tell you anything to make the $, just financed a 2006 at 5%.

 

Shop lenders against each other, it becomes surprising how low you can get an APR.

But your credit score is a huge factor. That's how the lenders determine their risk in the loan.

If your score is as good as you estimate, you can do better than 6.9% right now.

 

You should get your credit score.

 

6.9 isnt bad for a car thats 6 years old.. you cant expect 5.. i got 5.4 ish on my06 last year.. 3 years old.. with amazing credit.. so you cant expect much better then that

 

When I bought my 01 back at Halloween, I got 6.2%. I thought that was great, considering the age.

 

Wonder how much combined $ in interest banks have made off of s2ks. Considering the cars are rarely bought second or third hand with cash in hand. So many people finance the older ones to this day.

 

Consider getting the loan through Capital One or other online lender. I used Capital One when I bought my S2000 because I only had cash at the time to cover $12,000 and I bought it in '05. I paid about 3% less APR than my bank was offering me on the loan.

 

Wow! I have mine financed at 2.1%.

 

Check into a credit union. We finance at 5.9% for a MY03 for tier 1 credit, however that just raised, it had been 4.9%