First Payment?

[Krak3rjak3r]

I'm looking to refinance to my local credit union, but Acura finance website hasn't been able to find my VIN. I'm expecting there to be a delay, but when should I be able to access my financing information?

 

[Integra23]

I'm looking to refinance to my local credit union, but Acura finance website hasn't been able to find my VIN. I'm expecting there to be a delay, but when should I be able to access my financing information?

I purchased the car on June 1st and went through a credit union. Today I received my payment slips for the life of the loan and my first payment is on the 3rd. Nice of them to give me a week..

 

[MLowe05]

You're going to need to wait at least 10-15 days for Acura finance to have your info in the system. This is based on my experience across many brands.

 

[NeoDiNardo]

I thought there was a short period of couple payments you had to make first, I am not sure. I was lucky enough to get 3.9% with America Honda/Acura Finance. I got a bit lucky, it required a helpful push from the manager as they dug into my financial profile. I’m sure many can do even better, many do worse, but 3.9% was enough for me to be happy.

 

[Integra23]

I thought there was a short period of couple payments you had to make first, I am not sure. I was lucky enough to get 3.9% with America Honda/Acura Finance. I got a bit lucky, it required a helpful push from the manager as they dug into my financial profile. I’m sure many can do even better, many do worse, but 3.9% was enough for me to be happy.

I went through a credit union and got a 2.89% rate.

 

[NeoDiNardo]

That’s wizard. I had 1.8% once as a reward for a major contract correction.

 

[Ap2Iven]

Sorry to bring up an old thread , my car isn’t due to be ready til mid next month… not sure if I’m going to buy or lease then buy. My question is , am I better trying a credit union loan first for 43K or since I might lease , just try everything at the dealer ?

 

[Leehro]

Sorry to bring up an old thread , my car isn’t due to be ready til mid next month… not sure if I’m going to buy or lease then buy. My question is , am I better trying a credit union loan first for 43K or since I might lease , just try everything at the dealer ?

Go with the best deal for you. You have a month, you can see what rates and terms are with other lenders (like a credit union). Acura is advertising 3.9% on their website. You can probably get better than that from another lender, but it depends on your credit history and you don’t know unless you ask.

Don’t go in blind.

 

[OEMjoe]

yeah definitely compare! I was talking with a co-worker who was also in the market for a new car. He got 2.25% at a local credit union which is what I went with as well.

 

[HondaFan777]

Car loan interest rates are rising. Try to lock in a rate.

 

[Ap2Iven]

Car loan interest rates are rising. Try to lock in a rate.

Thank you , I’ll try a credit union and see what rate they can give me . I’m only doing 9K down and monthly payment is still kinda high , so I was thinking of lease to buy.. what’s your guys opinion on that and can a credit union do a lease