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Honda Finance Rates for the CTR

Discussion in 'Civic Type R Forum (FK8 - 10th Gen)' started by aldo, Dec 4, 2018 at 12:41 PM.




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  1. Dec 4, 2018 at 12:41 PM #1

    aldo Senior Member

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    Question for guys that purchased their CTRs, what kind of finance rate most people getting for borrowing lets say $25K? Thanks!
     
  2. Dec 4, 2018 at 12:41 PM #2
    OP

    aldo Senior Member

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    Thru Honda financing or elsewhere
     
  3. Dec 4, 2018 at 1:09 PM #3
    spyder93090

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

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    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. Dec 4, 2018 at 1:13 PM #4

    dc2turbo Senior Member

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    shop around until you get 1.99% or better unless your credit score is horrible
     
  5. Dec 4, 2018 at 2:24 PM #5
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    aldo Senior Member

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    anyone finance a CTR thru Honda, what kind of rate are they giving?
     
  6. Dec 4, 2018 at 2:42 PM #6

    Boostlag Senior Member

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    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. Dec 4, 2018 at 2:48 PM #7
    Mick the Quick

    Mick the Quick Senior Member

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    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. Dec 4, 2018 at 2:49 PM #8
    .grimace

    .grimace Senior Member

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    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. Dec 4, 2018 at 2:51 PM #9

    dc2turbo Senior Member

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    I got 1.90 with a credit union
     
  10. Dec 4, 2018 at 3:09 PM #10

    RajjyP Member

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    Really??? I have great credit and my local credit union gave me something like 4%! I’ll have to check again.
     
  11. Dec 4, 2018 at 3:11 PM #11

    boosted180sx Senior Member

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    yeah seriously. I wish i got 1.9
    I have 800+ and got like a 3.69%...
     
  12. Dec 4, 2018 at 3:19 PM #12
    BerzerkerX

    BerzerkerX Senior Member

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    i got mine through TFCU at 2.4% in NY
     
  13. Dec 4, 2018 at 3:22 PM #13

    Boostlag Senior Member

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    maybe while ago but now. Lowest penfed rate is 2.49@36months. 60months is 3.49.
     
  14. Dec 4, 2018 at 3:38 PM #14

    dc2turbo Senior Member

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    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. Dec 4, 2018 at 3:46 PM #15
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    aldo Senior Member

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    Thanks guys!
     
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