I got 6% last month on a couple year old used car (I have bought a car since 2005) and I was shocked and the guy said that was one of the best rates he has seen lately. Absolutely insane.
I have “great” and got told 13% a month or two ago. Didnt know the market was all futzed and asked if i did something wrong. Can you believe I passed on buying lmao
I have “good” and was offered 9% in early October.
One good sign is that banks are lowering their rates for longer term CDs. I’m seeing 1 year CDs in the 6% range, but a 5 year CD is more like 2%-3%. This means that the banks expect the fed to lower rates in the next few years.
Also, it’s like 8% interest now?
I got 6% last month on a couple year old used car (I have bought a car since 2005) and I was shocked and the guy said that was one of the best rates he has seen lately. Absolutely insane.
I have “great” and got told 13% a month or two ago. Didnt know the market was all futzed and asked if i did something wrong. Can you believe I passed on buying lmao
Have they stabilized?
I have “good” and was offered 9% in early October.
One good sign is that banks are lowering their rates for longer term CDs. I’m seeing 1 year CDs in the 6% range, but a 5 year CD is more like 2%-3%. This means that the banks expect the fed to lower rates in the next few years.
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Insane, I have mid credit and got 3% in 2017