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View Full Version : Where should i go to re-finance? ElusiveFX 04-23-2005, 06:44 PM I really got screwed on the financing rate on my 8, since my score was below a 700 they gave me a whopping 6% for 60months, which isn't all that bad but i'd like for it to be in the 5's... Any help would be greatly appreciated.... Tab- Aseras 04-23-2005, 08:29 PM check local credit unions( not a bank credit unions are non-profit ) they ALWAYS have the best rates outside of specail dealer financing. vitaliy 04-24-2005, 11:50 AM Capital Auto? They gave me a decent rate of 5.5% on a new 8. PaulieWalnuts 04-24-2005, 11:53 AM 5/3rd quoted me 4.9%. I ended up going with Harris bank at 4.65%. Or take a look at http://www.bankrate.com BoilerX8 04-24-2005, 02:33 PM Remember that will be a refinancing rate, i.e. used car rate. Also if you got the 4,000 mazda rebate you need to make at least 3 payments or face them coming after you for the cash. Our credit was really strong and we only got a 5.75, but when you factor in the 4k in cashback for financing with them, it was a slam dunk. I am paying a little more each month and will have it paid off in a little over 4 years as opposed to the 60 months that we financed. ElusiveFX 04-24-2005, 07:44 PM Remember that will be a refinancing rate, i.e. used car rate. Also if you got the 4,000 mazda rebate you need to make at least 3 payments or face them coming after you for the cash. Our credit was really strong and we only got a 5.75, but when you factor in the 4k in cashback for financing with them, it was a slam dunk. I am paying a little more each month and will have it paid off in a little over 4 years as opposed to the 60 months that we financed. According to the few banks that I have spoken to so far, as long as i refinance within the first 30 days of purchasing it's still qualified as a new car... BoilerX8 04-24-2005, 08:21 PM yeah, but if you took the 4k from mazda for financing with them, you probably have to wait 3 months PaulieWalnuts 04-24-2005, 08:58 PM Was it a $4K rebate or $4K cash back? Mazda started offering $4K cash in April. ElusiveFX 04-24-2005, 09:21 PM I took all the rebates, the car came out to $24,259 + taxes out the door... clmantis21 04-25-2005, 03:04 AM I took all the rebates, the car came out to $24,259 + taxes out the door... I'm kind of in the same suituation... if you dont mind... what are you monthly payments? and for how long? PM me the info if you dont want to post. This is only for my personal research for I kind of want to do the same. Thanks in advance! |