Current Interest Rates?

[Bryce]

I got 4.59% from my dealer. I probably should’ve went the credit union route, but was kind of lazy and happy to get a deal done finally.

you could still refinance it at a better rate, but it's not going to save you a lot on monthly payment. $40K loan dropping from 4.6% to 3.7% over 60mo is $17/mo or $1020 over the loan (use that to get a winch?). the over all savings was worth the hassle to refi. we refied through State Farm and there were some benefits being insured by them also, but I can't remember off hand.

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[Rufus]

$10k down, got 3.64% 60 mos through a credit union that I joined, wasn’t a member of already. My credit rating was excellent.

 

[Bryce]

$10k down, got 3.64% 60 mos through a credit union that I joined, wasn’t a member of already. My credit rating was excellent.

and that's about the best you get today (Mid June).
The economy is doing well, interest rates are going up.
the days of <1% on a 60mo loan are gone for now.

 

[Rufus]

and that's about the best you get today (Mid June).
The economy is doing well, interest rates are going up.
the days of <1% on a 60mo loan are gone for now.

That was on June 6th so fairly recently.

 

[piloto]

We might be hearing very shortly if interest rates will drop right away. If not, then there are indicators that it could very well drop later this year. Either way, it will need a few adjustments for it to drop to the days of under 2% financing. It adds up, but maybe not enough to offset the fun of having a Jeep now versus later.

I did hear that FCA will be offering 0% financing on some models around the 4th of July, but I'd doubt the Wrangler would be included. Possibly the GC would be, given it's on its way out.

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