Funny, I should hope that it would be a better rate than that. I heard that tomorrow will be the time where most auto makers are going to lower their rates to 0% or just 1.99% or so. Even heard that Mercedes Benz is also in the game, but will only offer it on the "C" class cars only. I sure do hope that Fiat can beat these rates you posted...I guess I should do some shopping around at my bank or credit union?
The Los Angeles Village salesman told me 2.99 to 3.99% but did not say thru who and I forgot to ask if they will take a trade-in car. Does anyone here know if they will? If financing is through Chrysler, then I think they'd take a trade in. I did a search yesterday of rates on Bankrate.com and it looks like Bank of America indeed has the lowest rates at about 3.99%. Even the credit union we use where we got 4.5% on our refi is quoting higher rates.
AgentP, I've talked to the reps at Motor Village, and they will definitely take a trade-in car (they have a used car lot in the premises). You might want to check with them as to your specific situation, but I believe they use standard Kelly BB trade-in prices taking into account milage and condition.
Not sure I completely understood the question but you can trade a car in no matter which bank you finance with. The dealer will deduct any equity you have in your trade (or add in negative equity if you owe more than it is worth) and then they will pay off your old loan w/ proceeds of the new one. If you have any questions on this, let me know. I do this for a living!
Sport 5 speed. Verde Oliva w/ Marrone
Ordered: 4/8 Delivered 5/25