JSolo
2500 Posts Club!
Rates are def up there.
This is from penfed as of today.
REFINANCE

NEW

A year ago when I got the stinger, did a refi with them (penfed) @ 1.99% for 5 yrs. At that point given the age (few days old) /mileage (under 500mi), even though it was a refi, they considered it a new car and not a refi so got the better rate. Better than the 5% from the dealer.
How times have changed. With these rates (5.54%) on a $20K 60 month loan, nearly $3K will get paid in interest over the term.
This is from penfed as of today.
REFINANCE

NEW

A year ago when I got the stinger, did a refi with them (penfed) @ 1.99% for 5 yrs. At that point given the age (few days old) /mileage (under 500mi), even though it was a refi, they considered it a new car and not a refi so got the better rate. Better than the 5% from the dealer.
How times have changed. With these rates (5.54%) on a $20K 60 month loan, nearly $3K will get paid in interest over the term.