Hey everyone! I am in the market for a vehicle, and my family has not purchased a new one since 2017. In 2017, we qualified for 0% APR and were ecstatic. Now all I see are 4-6.5% rates for people with great credit scores. Is this really the norm now? How are people buying cars with rates like these? If I am patient will rates eventually come down or should I suck it up because they'll prob go higher
Hey everyone! I am looking to buy my first ever car, and have about $7-8k I could put in, and am willing to finance up to $15k. The only non-negotiable for me is AWD as I want to take my car on all types of trips in different climates and not have to worry. I have never bought a car before, and my family has only bought new cars in the past, so I was just posing to see if there were any resources or things I should look out for to know I am making the right decision and not buying a car that will cost me more than I paid down the line. Thanks everyone!