Unfortunately available to only those in Michigan and not their friendly neighbors to the southeast.
When I bought my '06 Miata, it was Saturday afternoon.
I got 6% rate which I thought was great compared to how everything is nowadays. But I did ask the finance guy about extended warranty and I was able to get it below their cost actually. That was after I asked of course. Before I asked it was going to be an extra $2500
so no it doesn't hurt to ask at all
Did you get an ESP? What did you end up paying for it? I hope you compared it to Granger’s published prices online. Hard to believe they gave you more than $2500 back just for asking.I got 6% rate which I thought was great compared to how everything is nowadays. But I did ask the finance guy about extended warranty and I was able to get it below their cost actually. That was after I asked of course. Before I asked it was going to be an extra $2500
I ended up paying $36502 for a 2025 XLT FX4 Ecoboost luxury package in Eruption Green with 2k towing. I did compare it to Granger and it was actually cheaper than Granger. He had a coupon for $500 off their cost and he used it. So I received 10 year 100k miles bumper to bumper and drivetrain for $2k
Yup, Navy Fed here (have to be service or veteran though).Navy Fed 4.09
My credit came back as a 797, I have a penfed account (with 3 paid off auto loans in the last few years thru them), I just applied and was "pre-approved" for my 25 Maverick with $10k down, and came back denied when being finalized. I have zero credit card debt, zero late/missed payments in the last 10 years, $229k income, $1800 mortgage, a 0% interest loan on another car with a $900 payment that is 1/3 paid off and zero bills besides those and the usual power/phone bills. I have bought and paid off 11/12 auto loans in the last 6 years (different lenders). I should be their ideal applicant and they basically told me to kick rocks. Insane. Really sucks because Ford rates are way higher. I might just pay cash now, but didn't want to if I could get 5%PenFed as of today, for general purchase and not using their "purchasing program":
I would question them for denial. There might be something on one of your credit reports that is inaccurate. You can pull FREE credit reports from each of the three nationwide credit bureaus (Equifax, Experian, and TransUnion) once every 12 months (I personally stagger them apart 3 -6 months apart)
I would, but Penfed does not do recons. They’re actually very weird because you have to know exactly how much you’re asking for minus the down payment and you only get one shot. Most banks you can just put more money down or whatever Penfed makes you come up with that decision and then locks you into that. Still you would think with $10,000 down on a $40,000 car, It would be a no-brainer. There’s nothing on my credit reports. I pulled them about two weeks ago in anticipation of trying to get this loan. The funny thing is they approved me for my ZO6 with almost nothing down. I ended up paying it off in a year, which was supposed to be a six year loan. And now I get denied for a $30,000 loan.
