sorry shane been busy...
The basic rates are around 8.5 right now for a car loan.. What the manufacturers do is buy the rate down. say the car is a $20k car the yearly interst would be approx $1700 per year or $8500 for a 5 year term. Now if the manufacturer wants to offer a 2.5% rate they would pay the diff between the 8.5% and the 2.5% or 6% approx $6000.. That is basically how they do it.
not sure on the second part of your question.. I would say that you should not have too much of a problem getting one of the captives (GMAC, ford Credit, Toyota Financial, et all) to take your business. They need the car sales.
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