It doesn't matter where you live as far as when it comes to the interest rate on the car. I just bought my 2005 g35 on 12/29/04. I finance mine through infiniti and got 4.24%. I frist went to "a" dealer and they qouted me 4.86% through infiniti then I went to "b"dealer and they qouted me 4.24% through same infiniti. It seemed very strange to see different rate from same company, so if you don't want to get ripped off on your interest rate, look around and find the best rate.

 

Just for laughs and giggles I did a little amortization of rates so you guys can see what time it is......on an average $20,000 x 60 mo. loan. At 4.24% your payment would be $370.50....At 4.86% it would be $376.14. That's a month long difference of $5.64....basically enough for two beers with a dollar left for the "g" string deposit...LOL,JBX Use this link for a quick payment chart....................... http://classifieds.itrustmotors.com//cgi-bin/classifieds.cgi?db=sportutility&website=&language= &print_car_payments_popup=on&price=$8,400

 

JBX does have a point. I went into a loan rate calculator and for me 25,000 over 60 months at 5.9% is 482.16 and if I could get a 4.65 rate it comes out to 467.78 a mo. Its only around $15 a mo. difference, but over 60 months it comes out to $900. So it is worth doing a little leg work, but not enough to get myself crazy over.

 

Dog....you should'nt be paying over 5%... period. Go bust some ***** and save a point. 4.9% is available from INF since their "buy rate" is about 4.2% The dealer is entitled to make a few bucks on the back end....but not that much. Ya see, when they chop the front (MSRP) they try to pick up the "vig" on the back side to offset it. Got it? Go get em' Dog. JBX

 

Thanks for the info JBX. I assume INF means Infinity financing. I'll get back to the finance guy with the 4.9 offer and see if he agrees that a small profit is better than no profit. If not, I'll check out some banks or lending groups online for rates and go with someone else for financing.

 

if ur gonna go with the credit union route..the credit union will be cheaper..and tell dealer to beat it..so u can get the best deal possible..

 

Chase is also sub 5%. Just tell the F&I guy that it's either sub 5 or goodbye. The only fly in the ointment is the time lag between now and the actual delivery date (as in prime hike), but even a half point increase doesn't mean squat payment wise. Don't kill yourself over a fraction of a point.....your time is worth more than a couple of bucks. Besides, as long as they're competetive with whatever else that's available,...take advantage of the convenience and the one stop shopping.