4 ms·
A credit union I used for my house which had competitive rates has very good rate for new auto loans. It is about 4.09% for 4-5 years.
by avgDev 4y ago
A credit union I used for my house which had competitive rates has very good rate for new auto loans. It is about 4.09% for 4-5 years.
- post_break 4y agoI'm sorry are you saying 4.09% is a good rate? Anything 2% or lower is a good rate, my house was 4% back in 2019.
- avgDev 4y agoYes, I think 4% is still relatively low and a good rate. I would probably take out the loan to have that money invested in the market or bonds.
- rocket_surgeron 4y agoIn the context of banking and financing for the entirety of human history, 4.09% is fantastic, outstanding, amazing. In the context of the last four years it is not. It is "merely" good. I do not consider the last four years to be the foundation on which to start building assumptions. Even in the context of the last four years, for auto loans 4.09% is only above average for about six of the last 48 months (Sept 2021 - Feb 2022).