I'm out!

[GeoffG68]

My credit union is at 5.99% on a used auto loan for that model year.
People go through dealer financing and/or commercial banks and pay way too much interest. A credit union is the least expensive way to go.

 

[Rohlics]

I agree the interest rates are nuts! I too have excellent credit and when I went to buy my new 2022 Night edition They charged me a 7.99 interest rate too so I paid it off before my first payment was due in January. No way I'm paying over 800 a month in payments. This is a savings of almost 9000 in interest charges. There goes the dealer's kickback. Too bad. I did get a great deal on the 1500 though and wasn't charged for the dealer add-ons window tint, spray-in Bedliner, or the paint protection.

I got the exact same truck back in August 2022 and got a 2.9%. They were also doing 0% on the Bighorn

 

[znrh]

As for the LED lighting it's easy to switch out your halogens in lower trims to LED bulbs inside and outside. Lots of options to customize you Ram for instance I have already added new running boards MOPAR price 900 bucks Mine under 200 and super easy install, Husky wheel well liners and mudflaps and aftermarket hard Tonneau

 

[PoMansRam]

When I had myself on a mission to upgrade to a new Ram 1500 classic back in Sept/Oct 2022, the best I could do was ~$45K for a 2022 classic, quad cab, 4x4 pentastar. 4 different local Ram dealers I dealt with. Not a single one of them would budge off of sticker.

I got all ticked off, totally changed direction and bought my 2022 Nissan Frontier S, crew cab, 4x4 for $10K less. Truth be told, I like the Nissan, but totally miss my Ram 1500s.

FWIW, I got 3.8% for 60mo through a local bank back in October 2022.

 

[znrh]

I had ordered a Maverick hybrid back in September when the window was open and now with most of the other people hopelessly waiting to see if their orders will even be built this year and having test driven the Maverick, now that I purchased this 2022 Ram Bighorn, I am loving this truck and would never settle for the Maverick. Sorry Ford.

 

[sam darakjy]

Bank of America, as I write this, 5.49 for used cars.

Half percent discount available if you’re in their preferred rewards system with qualifying deposits, so for me it would be 4.99.

My method is get the money all sorted before shopping. If a dealer can beat my numbers, well and good. It doesn’t happen very often.

Same thing happened to me with bad dealer rates. First Citizens got me 5.42. Sure was nice not dealing with the finance people.

 

[Docwagon1776]

Those are some good rates! The CU we use is at 5.59% currently.

It was 2.5% / 3.0% until this month. I really considered financing my truck and putting the money in a high yield interest account, figuring interest rates will continue to rise but ultimately decided it wasn't worth the bother.

 

[Big Blue Hemi]

Try a Credit Union, if you are a member. If not, join one if you can. Good luck and I don’t blame you for backing off.

 

[Scott0700]

They are raising rates to slow the economy, reduce demand, and cut inflation. From reading this, it’s obviously working. Something rarely seen when the government does something.

 

[Fnjoey]

Try a credit union.