refinancing

butdamnbrian · 10-01-2010, 08:32 PM

just thought i'd share my experience refinancing the auto loan for the z.

so i picked up my car in the beginning of august 2010, and i've had it for two months. i financed about 2/3 of the total price of the car. nissan's credit report established my credit score in the 750-850 range, but i was only offered a rate of 5.9% through nissan financing.

as other forum members have suggested, i did some research into refinancing the auto loan, and ended up going with safeamerica (a credit union that's well-established in the san francisco bay area).

i'm in the paperwork stage, and my new rate will be 3.49%. over the 60 month life of the loan, i'll be saving about $1500 total.

not bad at all.

10-01-2010, 08:32 PM	#1 (permalink)
butdamnbrian Enthusiast Member Join Date: Jul 2010 Location: bay area, ca Posts: 254 Drives: the ladies wild Rep Power: 15	refinancing just thought i'd share my experience refinancing the auto loan for the z. so i picked up my car in the beginning of august 2010, and i've had it for two months. i financed about 2/3 of the total price of the car. nissan's credit report established my credit score in the 750-850 range, but i was only offered a rate of 5.9% through nissan financing. as other forum members have suggested, i did some research into refinancing the auto loan, and ended up going with safeamerica (a credit union that's well-established in the san francisco bay area). i'm in the paperwork stage, and my new rate will be 3.49%. over the 60 month life of the loan, i'll be saving about $1500 total. not bad at all.