Hey there, So I am about to head off and purchase my first new own car and first hybrid. I've been sticking to used and classic cars for years. Time to change that up Posted via the PriusChat mobile app.
a bit of a fisaco dealing with banks. I just missed Toyota 0.9% interest rates. atm my local toyota is offering 4.9%(yeah right) Another bank was about to bait n switch. Offer me a 3.5% but then switch to 10%... I was planning on walking away with the car. but it will have to wait till the weekend Posted via the PriusChat mobile app.
Toyota Financial offered to beat my credit union's pre-approval after initially spitting out a crazy APR when I went in to purchase a used 2016 Prius a few weeks back. May be worthwhile to get a preapproval from your own bank before heading back this weekend.
well I was able to do something at 2.7% So I'm going to be picking up my first hybrid tomorrow morning Posted via the PriusChat mobile app.
Got it. 2019 Titanium Glow for $31,000 that's with an alarm and extended warranty. I'm very happy Posted via the PriusChat mobile app.
awesome! congrats be sure to add your issues in the right threaf Posted via the PriusChat mobile app.
My last vehicle was purchased through our credit union about 8 years ago. It was so easy that it was just short of making a phone call to get pre-approved. How times have changed. I applied online to our credit union for a loan of up to $20k for a used car. I had never missed or was late on a payment on the last vehicle with them. I actually paid that car off a year early. We recently retired and our home is now paid for which should make our discretionary income look that much better yet I was asked for W2's, proof of insurance, copies of our drivers licenses and then they ran a credit report. Wow. After 10 days, I received an e-mail indicating that I had been approved. We found a 2015 Prius V and agreed on a price. The dealer really wanted us to use their financing. I told them that I was pre-approved with our credit union and they were insistent it would be easier if they could finance the car and they offered us a loan at 5.9%. I pulled up my credit union interest rates on my phone and a 4 year loan was 3.5%. They admitted that they couldn't match that so we finally were able to move forward with the purchase. Buying a car is like running a gauntlet. I hope that we don't have to go through that again for a very long time.
I'm picking up my first next week, a 2015 Prius II. According to the inspection I ordered, the dealer put some no-name super cheap tires on it, so I've got some new ones lined up. Other than that, it looks like I'm ready to roll. Can't wait!
