Car Loan Approved! :) Rates?

Discussion in 'Credit Talk' started by NanaC, Oct 30, 2001.

  1. NanaC

    NanaC Well-Known Member

    Hi, ya'll! Remember that car loan I was waiting to see about with Capital One? Well, I never heard anything so I finally got a human today and was told I was approved. They are faxing the paperwork tomorrow as I'm having some issue receiving it by mail.

    My question is: What are car rates right now? Just wondering what to base the interest on?

    Thanks so much!
  2. roni

    roni Well-Known Member

  3. sam

    sam Well-Known Member

    My credit is damaged, 634 equifax, 670 experian, and 579 trans union. I was approved through trans-union pull only by chase manhattan for 7% APR on a new 2001.5 audi a4 total finance price came out to a tad over $30000 (500 x 60). Vw credit approved me for 8.75% interest, Household 14.5%, Chevy (used car not audi) 10.24% all at 60 months terms.
  4. NanaC

    NanaC Well-Known Member

    BKev..thank you...Sam..thank you! (And, congrats!) Well, I'll know tomorrow but at least I know what to expect....My credit is damaged, will be interesting..but our car is now at 9.5 so hoping it won't be more! :)

  5. Momof3

    Momof3 Well-Known Member

    Nana a big congrats on your loan approval:)
  6. NanaC

    NanaC Well-Known Member

    Thanks, My Friend! I hope it's a good one. It would be fun to go car shopping! :)

    GEORGE Well-Known Member

    0.00% 60 months...GM/FORD...probably others (EXPIRES 10/31/2001)...DON'T KNOW IF THEY WILL RENEW IT IF THEY STILL CAN'T SELL CARS...
  8. NanaC

    NanaC Well-Known Member

    Thanks, George! :) :)

    GEORGE Well-Known Member

    I told my wife I was going shopping tomorrow to get ME a new VAN, she said she better go so I get the CORRECT ONE that she will like to drive to work every day!?!?!?!?!
  10. NanaC

    NanaC Well-Known Member

    LOL..think we are getting a van, too....are you really? Happy hunting!
  11. GEORGE

    GEORGE Well-Known Member

    If she is going to BORROW it FOREVER...MAYBE NOT.

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