Honda Finance Rates for the CTR

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  1. aldo

    aldo Senior Member

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    #1 aldo, Dec 4, 2018
    Question for guys that purchased their CTRs, what kind of finance rate most people getting for borrowing lets say $25K? Thanks!
     
  2. OP
    aldo

    aldo Senior Member

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    #2 aldo, Dec 4, 2018
    Thru Honda financing or elsewhere
     
  3. spyder93090

    spyder93090 I'm here to kick names and take ass.

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    #3 spyder93090, Dec 4, 2018
    3.29% for 48 to 60 mos. through Navy Federal Credit Union. Asked for $32k and got approved for $34,100 max with >800 credit score.
     
  4. dc2turbo

    dc2turbo Senior Member

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    #4 dc2turbo, Dec 4, 2018
    shop around until you get 1.99% or better unless your credit score is horrible
     
  5. OP
    aldo

    aldo Senior Member

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    #5 aldo, Dec 4, 2018
    anyone finance a CTR thru Honda, what kind of rate are they giving?
     
  6. Boostlag

    Boostlag Senior Member

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    #6 Boostlag, Dec 4, 2018
    i dont think even with 850 credit you'll get 1.99, unless its a manufacture incentive. Current interest rates are pretty high and still rising. Same reason why mortage is tanking.
     
  7. Mick the Quick

    Mick the Quick Senior Member

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    #7 Mick the Quick, Dec 4, 2018
    I’m pretty sure that Honda Finanicial or a dealership will give you a range. It’s then dependent on the credit score and, to some extent, the loan-to-value ratio. Note that paying a sigificant ADM could compromise your ability to get a loan.

    Better yet, you can get a firm online quote from banks like Bank of America. In my case, their quote was a full point (1.0%) better than the best rates from Honda or the dealership’s regular lenders.
     
  8. .grimace

    .grimace Senior Member

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    #8 .grimace, Dec 4, 2018
    Had an 811 and the best they'd do on 30k was 2.99. Went to a local credit union and got 1.99 on 60 months.
     
  9. dc2turbo

    dc2turbo Senior Member

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    #9 dc2turbo, Dec 4, 2018
    I got 1.90 with a credit union
     
  10. RajjyP

    RajjyP Member

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    #10 RajjyP, Dec 4, 2018
    Really??? I have great credit and my local credit union gave me something like 4%! I’ll have to check again.
     
  11. boosted180sx

    boosted180sx Senior Member

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    #11 boosted180sx, Dec 4, 2018
    yeah seriously. I wish i got 1.9
    I have 800+ and got like a 3.69%...
     
  12. BerzerkerX

    BerzerkerX Senior Member

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    #12 BerzerkerX, Dec 4, 2018
    i got mine through TFCU at 2.4% in NY
     
  13. Boostlag

    Boostlag Senior Member

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    #13 Boostlag, Dec 4, 2018
    maybe while ago but now. Lowest penfed rate is [email protected] 60months is 3.49.
     
  14. dc2turbo

    dc2turbo Senior Member

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    #14 dc2turbo, Dec 4, 2018
    I just looked and it's still at 1.90 at my local credit union
    rates are different in every town. so that's why i said shop around
     
  15. OP
    aldo

    aldo Senior Member

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    #15 aldo, Dec 4, 2018
    Thanks guys!
     
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