Hey guys,

Anyone know of any good credit unions offering low rates for new car purchases?

I live in California.

Thanks!

 

Only as a point of reference, my CU has 4.99% for up to 5 yr, 5.74% for 6.

 

bank of america online= 5% 72 mos even less for 60. beat everything i could find. good luck.

 

alliant credit union 800 328-1935 4.3% up to 72 mo. i refied with them i used ford motor credit for the extra rebate and then used alliant.

 

3.99% for 60mo at my Credit Union (Genisys Credit Union)

 

First tech credit union was by the far the cheapest I could find. They financed me for 84 months at 3.99%. easy money so I took the longer term.

http://www.firsttechcu.com//Files/Ra...loan_rates.pdf

Nice forum by the way.

 

Nice! Does First Tech require anything to become a member?

 

Naw, the finance guy at the dealer gave me the contract to fill out. It was pretty painless.

 

Where do you live? I live in California I don't think I can get that CU to work with me unfortunately

 

I want to do this but Ford says I have to wait 90 days or I will have to pay back the rebate.

 

I am up in Wa state. I would call them. I have never even been into a branch.

Fill out an app, send in 5 bucks to start your savings and get pre approved. Take in the letter and let your finance guy handle it... /shrug

Maybe Cali is different then Wa?

 

SLIMCUBBY what ford is telling you is b.s. i refied mine 2 weeks after ford motor credit financed the truck its probably the dealer that's telling you that ask to have them show you this in your contract if they cant take the 1000 extra rebate and refi i did it they just tell you that so they get a commission from ford.

 

I got 5.99% 72 months through the dealership. I think thats so so.. Would rather something lower but then again that is much lower than the truck that I just sold which was at 8.99%!

Picking up my new truck tomorrow after work!!!

 

To the poster above - you do not have to keep the ford motor credit financing for 90 days. I bought a truck last night and the finance guy told me I could refinance it next week if I wanted to. He did say that if I did refinance within 90 days that the dealership would get a charge-back from Ford...this is why your dealer is probably telling you that. But ask them to show you where in the FMC financing documentation that is says you must keep it for 90 days.

 

Oh, and regarding First Tech Credit Union - here are the membership rules from there website. Is there a way around this?

Membership

At First Tech Credit Union, you're not just a customer, you're a member. To us, there is a difference. As a member, you're part of an exclusive community where experienced professionals are committed to helping you discover the security and comfort that comes from meeting your financial goals. Let us help you discover financial tranquility. You just have to meet one of the following eligibility requirements to join:

Work

for a high tech or telecom Sponsor Company

for the State of Oregon

in Lane County, Oregon

Live

in Lane County, Oregon

in any school district in Washington

Be

a current student, former student, official, or employee of a post-secondary public or private educational institution located within 25 miles of a First Tech branch

an Oregon federal, local, school, or special district employee AND live or work within 25 miles of a First Tech branch

a vendor, volunteer or contractor for an eligible group or First Tech sponsor company

an immediate family member of someone who is eligible for membership, regardless of where you live

If you're not sure if you qualify, check out the list of sponsor companies and governmental agencies. Or if you work at a company that isn't affiliated with First Tech and you think it should be, it's easy for them to become one. Contact us or contact your HR representative and tell them they can simply use the Become a Sponsor Company form.