How to get a deal on an 07 G35
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Joined: Jun 2005
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From: O'fallon, MO
Originally Posted by limeg35
In June of 03 it was 4%
In June of 05 it was 6%
and now its 8.25%...
Yet I got lower interest rate in 05 than in 03, and early this year I still got 4.5% for Prius
...So I'm not sure if prime rate have that much to do with what rate we get for car loans, maybe I was thinking of The Fed Funds Target Rate and not the WSJ's prime rates, which is 3% higher than Fed Funds rates.
In June of 05 it was 6%
and now its 8.25%...
Yet I got lower interest rate in 05 than in 03, and early this year I still got 4.5% for Prius
...So I'm not sure if prime rate have that much to do with what rate we get for car loans, maybe I was thinking of The Fed Funds Target Rate and not the WSJ's prime rates, which is 3% higher than Fed Funds rates.
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Jul 24, 2015 05:12 PM