Where Can I Get A Loan Other Than The Dealer?

[Lexdiamonds]

I wanted to know some other sources of getting a loan other than the dealer for 6 years for a car. Most of the dealers like Acura and Infinit will only go as far as 5 years and lexus will go 6 but the interest rates start at 8.4. I went to some local banks around me and they will only go as far as 5 also. I am not part of a credit Union. Just looking for some advice. thanks in advance.

[bartkat]

Try lendingtree.com

they'll get quotes from several loan companies.

[Lexdiamonds]

thanks

[SW03ES]

Lendingtree will destroy your credit with inquiries.

And, I know that you weren't looking for this advice but I'm going to give it to you anyways, if you have to finance a car for 6 years, you need to buy a cheaper car. The interest you're paying there and the degree to which you'll be upside down on that is crazy...

[Lexusfreak]

I agree! 8.4% for 6 years? Wow! I got 2.8% for 5 years for my Subaru!

[Rx330driver]

try your local bank? maybe take out an equity loan if you have a house cause you can write it off as a tax write off

[mburnickas]

try your local bank? maybe take out an equity loan if you have a house cause you can write it off as a tax write off

I was going to posts that yesterday. I know most dealers will beat local bank rates and terms.

[Lexdiamonds]

thanks guys, I appreciate the honesty. Maybe i'll continue to lease so i don't need such big down payments and extended loans.