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Good video on used care buying and financing experience

Discussion in 'Fred's House of Pancakes' started by Georgina Rudkus, Jul 25, 2024 at 10:00 PM.

  1. Georgina Rudkus

    Georgina Rudkus Senior Member

    Joined:
    Sep 15, 2018
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    Location:
    Taylors, SC
    Vehicle:
    2012 Prius v wagon
    Model:
    Two
    The most valuable information starts at ten minutes into the video on financing add ons including useless warranties.

     
    #1 Georgina Rudkus, Jul 25, 2024 at 10:00 PM
    ETC(SS) likes this.
  2. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

    Joined:
    Oct 28, 2010
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    Location:
    Redneck Riviera (Gulf South)
    Vehicle:
    Other Non-Hybrid
    Model:
    N/A
    I'll give this a 'like' sight unseen.
    Car prices, along with most everything else prices remain eye-wateringly high and interest rates for cars are around 3-4% as of today at my CU.
    However (comma!!!)
    This is for people with a 825+ credit score financing a new or nearly new loan for 24 months.
    Not everybody does that.

    Used car loans can get well into double digits rather quickly, especially if we're talking about something that's more than about 5 years old.
    Many new car dealerships make their REAL money on the used car side of the house....
     
    #2 ETC(SS), Jul 26, 2024 at 8:04 AM
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