|
|
05-24-2012, 01:30 PM | #1 |
New Member
12
Rep 25
Posts |
Great Financing Rates at PenFed
If anyone is looking for a great financing rate, I would suggest to check out Pentagon Federal Credit Union.
https://www.penfed.org/ Currently, the rate is as low as 1.99% for up to 5 years of financing! To become a member, it is free if you are military, but if you aren't you just need to pay $15 to one of their associations and then you can become a member. The website states that the 1.99 rate is online only, but I called in and did the application over the phone, and I still received that rate. It was a really simple approval process. |
05-24-2012, 01:38 PM | #2 | |
Private
2
Rep 54
Posts |
Quote:
|
|
Appreciate
0
|
05-24-2012, 01:48 PM | #3 |
Captain
277
Rep 772
Posts
Drives: 2015 YMB F80
Join Date: Aug 2011
Location: Dallas TX
|
I agree. They have the note on my 2012 335d at 1.99% Can't really beat that.
|
Appreciate
0
|
05-24-2012, 02:58 PM | #5 |
Major
56
Rep 1,250
Posts
Drives: e92 ///M3
Join Date: Apr 2009
Location: NC
|
My M3 also. Great rates.
__________________
12 E92 M3-AW/FR-20" BBS LM-Painted Reflectors-BMW Gloss Black Grills + Gills-BMW Performance LED Wheel-BMW Carbon Performance Spoiler-Akra Evolution-Stoptech Trophy |
Appreciate
0
|
05-24-2012, 03:22 PM | #6 |
Major General
1881
Rep 5,504
Posts |
You can also refinance your car or buy a used car and get the 1.9% rate. Great deal if you are buying a pre-owned vehicle without any new car promotional rate.
|
Appreciate
0
|
05-24-2012, 03:23 PM | #7 |
Enlisted Member
6
Rep 47
Posts |
I also have my M3 financed through Penfed at 1.99%. It was a rather painless approval process though you will have to keep in touch with them throughout the process. They won't call you should they require any additional documentation -atleast that was my experience. Have any of you opted for their extended warranty program? I think its referred to as Route 66.
|
Appreciate
0
|
05-24-2012, 05:19 PM | #8 |
First Lieutenant
70
Rep 398
Posts |
also with them. although they are pretty clueless on the title process with the refinance. Somehow the title is sitting with me despite their lien on it.
|
Appreciate
0
|
05-24-2012, 05:23 PM | #9 |
Ya ya ya, I am Lorde, ya ya!
266
Rep 2,772
Posts
Drives: E90 M3, 2015 SQ5
Join Date: May 2011
Location: Snig
|
Navy Federal is 1.79%.
|
Appreciate
0
|
05-24-2012, 05:31 PM | #10 |
Major General
4966
Rep 6,852
Posts |
I have the same problem with them. My M3 was refinanced through them (previous car was too) and both times they have had difficulties obtaining the title.
|
Appreciate
0
|
05-24-2012, 05:52 PM | #12 |
M Slut
18
Rep 564
Posts
Drives: 2011 M3 Coupe Mineral White
Join Date: Sep 2007
Location: Adenau, GE via 3 years in dreadful El Paso, TX
|
__________________
You have to be 100% behind someone before you can stab them in the back.
David Brent |
Appreciate
0
|
05-25-2012, 08:38 AM | #15 | |
New Member
4
Rep 7
Posts |
Quote:
From their website: What you need to join. You must be at least 18 years old to apply for membership online. You will need to provide the following information: Social Security and Driver's License numbers Previous home address (if at current address for less than 2 years) Credit Card or bank account and routing number to fund your account (if applicable) Current e-mail address IIRC, I have friends who are memberrs of USAA who are not active/retired military. I could be wrong though. Good luck! |
|
Appreciate
0
|
05-25-2012, 09:01 AM | #16 |
Ya ya ya, I am Lorde, ya ya!
266
Rep 2,772
Posts
Drives: E90 M3, 2015 SQ5
Join Date: May 2011
Location: Snig
|
|
Appreciate
0
|
05-26-2012, 07:15 AM | #18 |
Banned
866
Rep 6,248
Posts |
|
Appreciate
0
|
05-26-2012, 04:02 PM | #19 |
vvvvvvvvvvvvvv
332
Rep 2,304
Posts |
When I called and asked, they said they would cut me a check but that I would start paying interest (or make payments - I forget which it is) right away. Is this what people are doing? Are people making payments 3,4, 5 months prior to receiving delivery of the car?
|
Appreciate
0
|
05-26-2012, 04:25 PM | #21 | |
Banned
866
Rep 6,248
Posts |
Quote:
|
|
Appreciate
0
|
05-26-2012, 04:41 PM | #22 | ||
vvvvvvvvvvvvvv
332
Rep 2,304
Posts |
Quote:
Quote:
I think I get it now. Thanks for your help everyone |
||
Appreciate
0
|
Post Reply |
Bookmarks |
Thread Tools | Search this Thread |
|
|