APR Rates?

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dmercer3

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We normally use PenFed or Navy Federal, depending on who has better packages at the time. Right now, Navy Federal is 1.79% up to 3, or 2.39% up to 5 years. I'll check them again when the truck is built and on the way, because that is pretty bad for them.

Penfed is not bad w/1.49% up to 3 and 1.99% up to 5 years, but my best may be IBMSECU @ 1.59% up to 6 years if I decide to go longer than 3 years. Otherwise, Penfed for 3 years.

---------- Post added at 09:59 AM ---------- Previous post was at 09:56 AM ----------


The possibility that you might need that kind of flexibility on a disposable pleasure asset represents some poor financial decision making. If you were talking about a work truck that you used for business and was crucial to you being able to do your job? Sure - do whatever you have to do to ensure income.

For a Raptor, it's just the worst kind of justifying not-so-good decision making.

Can anyone use IBMSECU?
 

Wolfeman

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Is it to far for your mail man to carry the check? Or is the data connection too slow to suck out the monthly payment?


@Yukon Joe :baby: :baby: :baby:
Drive your raptor here!!!!
Great Lakes Raptor Excursions (GLRE) | Run Raptor Run
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Actually, the monthly payment is sucked out of her paycheck every 2 weeks. She's not a fan of that and I really don't need to hear about it from her on how much my truck cost.

The location being inconvenient is mostly for those times when you are setting up the loan. Not really a major issue, just a comment.
 

gravedgr

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Can anyone use IBMSECU?

Not 100% sure. Here is what their site says:

Only $5 is needed to open a savings account and begin your lifetime Membership with IBMSECU. As a Member and owner for life, you can use the superior, valuable services of your Credit Union even if you move or change employers.

To be eligible for Membership, you must work for or be retired from a Member Company, live in an approved county, worship or attend school in an approved county, or be an immediate family member of/live in the same household as an existing Member.

If you think you're interested, I'd just give them a quick call at 800.873.5100
 
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