Maybe freebullets has not so stellar credit. There are lots of variables that we could only speculate on.3.9 is terrible considering you could get 0 to 1.9 on almost any vw model these days
The 2018 GTI is at 0.99% for 72 - 84 months right now in Canada and 0 percent for up to 60 months...
Maybe freebullets has not so stellar credit. There are lots of variables that we could only speculate on.
Dealers will often offer you a higher interest rate but give you an additional discount because they get a percentage back from the finance company.
As we know, there are no incentives on the R. The local dealer offered me a $1500 discount with an additional $1000 off if I took their financing at 3.9%. When I said "I can get financing at far less" he countered with "maybe the manager will knock it down to 2.9".
That means that there is more than 1% in it for the dealer.
Credit unions in the US will generally finance for under 2% these days (assuming good credit).That is true. Now I'm not exactly sure how it works in the US, but the rates in Canada (as far as I know) are set in stone for new and used cars by vw credit Canada... 99.9% of the time people will finance with the manufacture credit company as there is 0 chance you'll get less then 5% at the banks... The prime rate is at 3.7% in Canada these days!
Credit unions in the US will generally finance for under 2% these days (assuming good credit).
AFAIK, the VW credit is set in stone here too, but dealers often use their own financing where the lender gives them a significant kickback.
True. I hadn't checked recently but you prompted me to check now. My old CU still does 1.99 but Penfed and Navy Federal are in the twos and low threes.Base car loan rates have been going up recently.
Lowest APR offered by my CU was 2.49% by end of 2017 and as of now its 3.24%.
True. I hadn't checked recently but you prompted me to check now. My old CU still does 1.99 but Penfed and Navy Federal are in the twos and low threes.
Time to buy now.
Although the Fed (not our fed) held off on increasing interest rates yesterday, I think the car incentives will be coming to an end.Yeah i expect the rates to go up in the near future. So its time to hit the showroom.
There are zero incentives from VW on the R. Any discounts are coming from the dealer. Nobody knows if/when the 19's are coming. There is also no guarantee that the 19's will include a manual.Question for your guys.
I'm looking at an Alltrack as a daily driver. The discounts are pretty substantial (up to $6500 off). After having a conversation with the sales guy, I've come to the conclusion that you can either get a big price discount, but have a higher finance rate (dealer has to make it up somehow, unless you pay it off ASAP), or have a so-so price discount, and get the .9% finance rate promotion that VW seems to have on-going right now. Does this seem accurate?
But all this VW shopping, its making me want to get a Golf R manual. Are Golf R's more difficult to discount? What's the largest price discount you guys have seen on the Golf R? Is now a good time to buy, as 2019's are rolling in soon?
There are zero incentives from VW on the R. Any discounts are coming from the dealer. Nobody knows if/when the 19's are coming. There is also no guarantee that the 19's will include a manual.
noGot ya. You think 2018 Golf R’s can be had for $3k+ less than MSRP?
Got ya. You think 2018 Golf R’s can be had for $3k+ less than MSRP?
So the 2018 could be the last Golf R of this current gen?