Who else financed their Raptor?

[Sgt Beavis]

where are they throwing around 2.5% for vehicles nowadays?

USAA is as low as 2.59% on 72months if you use their car buying service and direct pay from your bank account.
I haven’t checked but Pentagon FCU is usually competitive with that and you can become a member by joining a charity foundation.

Buying a truck was fulfilling a need for me but buying a Raptor was strictly a WANT. Like the OP, have have the money to pay cash but IMO it’s stupid to do that when the return on my investments is FAR FAR greater than the interest rates I’m paying.

 

[John813]

10 year note, rolled 20k negative equity and the rate is only 14.99%.

Gonna start a GoFundMe soon as the gas bill is high.




JK

 

[Rapt-up]

I financed and purchased my 2019 thru USAA and got the low rate financing for 72 months with an auto debit each month. Super easy transaction.

 

[Donovan]

USAA it is next time. That is madness. I think I'm at 3.5

 

[apcf150]

the entire market is up more than that - everyone should be up this amount

You can't compare a diversified portfolio with the S&P performance. He probably has some cash, commodities, and bonds in there that wouldn't have gone up as much as straight S&P. But he also won't be hurting as bad as those that roll straight stocks. Depending on his age, diversification is the better play than one year of good returns and then losing when the market corrects.

 

[GCATX]

USAA it is next time. That is madness. I think I'm at 3.5

I just remembered that when I bought mine, I was pre-approved at my CU at 2.89, the dealer agreed to match it at the finance desk, so I let them so I could keep my $2k off msrp. Few days later CU calls and says "hey we never got funding info, did you not buy the truck?" I told them the dealer matched, she says hold on, and says they could do 2.59. They sniped the deal out from under the dealer before a payment was even made. I had a **** poor experience at the dealer so that really made my day.

I guess, the bottom line is, you CAN ask for a better rate, all they can say is no.

 

[Donovan]

BOOM!

love a good deal like that.

 

[NASSTY]

In January of 2017 I financed my 2017 through my local credit union for 2.25%. Their current interest rate is 3.59%.

 

[df4801]

You can't compare a diversified portfolio with the S&P performance. He probably has some cash, commodities, and bonds in there that wouldn't have gone up as much as straight S&P. But he also won't be hurting as bad as those that roll straight stocks. Depending on his age, diversification is the better play than one year of good returns and then losing when the market corrects.

Im not so sure about that.

I know that’s what financial advisors want you to believe.

but look at 25-30 year returns. The s/p has way more ups and downs but still BEATS a diversified portfolio.

I think advisors just want to even out the bottoms so they don’t have to deal with angry clients. Most advisors don’t care if you lose a few % in a “safer” portfolio. Makes no difference to their profit.

 

[GCATX]

Im not so sure about that.

I know that’s what financial advisors want you to believe.

but look at 25-30 year returns. The s/p has way more ups and downs but still BEATS a diversified portfolio.

I think advisors just want to even out the bottoms so they don’t have to deal with angry clients. Most advisors don’t care if you lose a few % in a “safer” portfolio. Makes no difference to their profit.

Plus it makes them look busy.