09-25-2022, 07:00 PM | #1 |
Drives: 2002 Camaro SS, 2022 Acura RDX Join Date: Sep 2022
Location: Illinois
Posts: 96
|
Current Camaro order and future interest rates
Is anybody else finding it a little concerning with the recent rate increase and another one evidently coming, what the rate will be when your vehicle comes in? It sure seem like the prime rate for excellent credit is heading to the 4.5-5% range.
__________________
2023 Camaro 2SS - A10 - 1LE
9/13 - 1100 10/27 - Dealer Allocation - Change Color to Rapid Blue 11/1 - 3000 No TPW 11/21 - 3400 TPW 11/28 12/5 - 3800 12/7 - 4000 |
09-25-2022, 08:47 PM | #2 |
Yep...
Drives: 2019 1SS - sold Join Date: Oct 2019
Location: CO
Posts: 90
|
I'm expecting 5.5-6% by the time mine arrives.
|
09-26-2022, 06:57 AM | #3 |
Drives: 23 ZL1 A10 Rapid Blue Join Date: Aug 2020
Location: MO
Posts: 2,086
|
I managed to squeak in to 3% last month but my GF is a bank branch manager, if that helped, at all. I did start to get concerned about the Fed and interest rates but I seemed to weasel under the radar before they really hit locally.
|
09-26-2022, 07:38 AM | #4 |
Drives: 2002 Camaro SS, 2022 Acura RDX Join Date: Sep 2022
Location: Illinois
Posts: 96
|
Around that 3% mark is nice for this period in time......When I bought my 22 Acura RDX A-SPEC 3 month ago (which will go to my wife when the Camaro comes in) I got 2.9% (Through First Community CU), just not looking forward to the 4-6% percent that may be out there at that time when the Camaro comes in. I guess there always is the option to refinance it if the rates drop a year later after purchase.
__________________
2023 Camaro 2SS - A10 - 1LE
9/13 - 1100 10/27 - Dealer Allocation - Change Color to Rapid Blue 11/1 - 3000 No TPW 11/21 - 3400 TPW 11/28 12/5 - 3800 12/7 - 4000 |
09-26-2022, 07:41 AM | #5 |
Drives: 2002 Camaro SS, 2022 Acura RDX Join Date: Sep 2022
Location: Illinois
Posts: 96
|
That's what Im expecting as well...but hopeful some credit unions are in the 4's still.
__________________
2023 Camaro 2SS - A10 - 1LE
9/13 - 1100 10/27 - Dealer Allocation - Change Color to Rapid Blue 11/1 - 3000 No TPW 11/21 - 3400 TPW 11/28 12/5 - 3800 12/7 - 4000 |
09-26-2022, 02:07 PM | #6 |
Drives: '23 2SS RSblue 6MT, sold '19 ND2 Join Date: Dec 2021
Location: Los Angeles
Posts: 269
|
3.49 GM special financing is until 10/3. Hopefully my car comes by then.
__________________
'23 2SS, 6 speed, NPP, Copper-free brakes, 56V Carbon Flash Rims, Riverside Blue
1LE sway bars EOS front splitter 5-6-22:1100, 7-19-22: 3000, 8-3-22: TPW 8/15/22, 10-4-22: ETA 10/13/2022 10-15-22 6000 |
09-26-2022, 09:12 PM | #7 |
Drives: 2002 Camaro SS, 2022 Acura RDX Join Date: Sep 2022
Location: Illinois
Posts: 96
|
I wish you luck….that 3.49% is pretty good in these times.
__________________
2023 Camaro 2SS - A10 - 1LE
9/13 - 1100 10/27 - Dealer Allocation - Change Color to Rapid Blue 11/1 - 3000 No TPW 11/21 - 3400 TPW 11/28 12/5 - 3800 12/7 - 4000 |
09-26-2022, 09:18 PM | #8 |
Drives: Rapid Blue 2023 2ss 1LE Join Date: Sep 2022
Location: Niagara, Ontario Canada
Posts: 131
|
I have been offered the same right now here in Ontario Canada. My wife works for CIBC so that does help but the regular rate through GM is at 5.48% Locked in until the car comes in.
The 3.48% is only locked for 3months and we all know that it will take longer than that to come in. Thankfully i always get a lower rate through CIBC. |
09-27-2022, 06:23 PM | #9 |
Drives: '23 2SS RSblue 6MT, sold '19 ND2 Join Date: Dec 2021
Location: Los Angeles
Posts: 269
|
Don't think its going to happen...dealer now says 10/7...we'll see.
__________________
'23 2SS, 6 speed, NPP, Copper-free brakes, 56V Carbon Flash Rims, Riverside Blue
1LE sway bars EOS front splitter 5-6-22:1100, 7-19-22: 3000, 8-3-22: TPW 8/15/22, 10-4-22: ETA 10/13/2022 10-15-22 6000 |
09-27-2022, 08:01 PM | #10 |
Drives: 2022 chevrolet camaro 2lt vert. Join Date: Jun 2022
Location: stratford ct
Posts: 6
|
JUST did all my paper work 2022 2LT Blue / white int. rally white strips RS convert. delivery in 3 days!! my credit is 700 - got 7% on my loan was a bummer ordered in April and was 3.9%
|
09-30-2022, 08:30 PM | #11 | |
Drives: '23 ZL1 Riverside Blue M6 Join Date: Mar 2019
Location: St. Louis Metro
Posts: 171
|
Quote:
Sent from my SM-F936U using Tapatalk |
|
10-03-2022, 08:29 AM | #12 |
Drives: 2023 Camaro 2SS 1LE A10 Join Date: Jun 2022
Location: Bergen County, NJ
Posts: 11
|
Credit Union
Hey guys,
I finally got my 2SS 1LE last Thursday! Make sure you come into the dealer with another rate you are already comfortable with, or you will get screwed. The average rate for an 800+ FICO without any leverage is a 6.9% at best, my salesman said (referring to GM Financial rates). I was able to get a 4.74% from DCU.org, a credit union that only takes $15 to join. ($5 minimum deposit, $10 donation to an organization they support). The dealer wasn't able to get the 4.74%, but they asked if I would do 4.99% and finance through them to save both of us a headache. I took the 4.99% and called it a day, I had a very hefty down payment so the .25% wasn't really a big deal, but it did save me some time and headache, as well as made the dealer some extra money. I'd say anything in the 4% to 5% range is not bad for now. Rates will keep going up, so get those camaros soon! |
10-03-2022, 02:10 PM | #13 |
Electrical Engineer
Drives: 2023 1SS A10 Black Join Date: Apr 2022
Location: Illinois
Posts: 828
|
There were no GM programs for the Camaro in my area, so I had to go traditional and best I found was 5.5% a few weeks ago. Not thrilled. I was told to expect rates to continue to climb the rest of the year.
__________________
2023 1SS A10 Black H72/C2U/56W/NPP - Daily Driver
Historically an Accord and Camry owner with self-performed maintenance/repair. 1100: 5/3/22 . . . . . . . 2000: 6/25/22 . . . . . .4000: 8/17/22 . . . . . . . 6000: 9/10/22 Daily Driver mileage update: 34k mi. @ Sept 2024 New Engine @ 22,600 mi. Build Log: https://www.camaro6.com/forums/showt...6#post11353116 |
10-03-2022, 06:21 PM | #14 |
Drives: 2002 Camaro SS, 2022 Acura RDX Join Date: Sep 2022
Location: Illinois
Posts: 96
|
Yeah….I assume here soon the 5-6% is going to be the norm for excellent credit. Credit unions where I live are still at 4-4.5%.
__________________
2023 Camaro 2SS - A10 - 1LE
9/13 - 1100 10/27 - Dealer Allocation - Change Color to Rapid Blue 11/1 - 3000 No TPW 11/21 - 3400 TPW 11/28 12/5 - 3800 12/7 - 4000 |
|
|
Post Reply
|
|
|