I just read that article too and would love to know how that author knows it will go up $1,500 dollars on each trim level. I’d be pissed if it’s true, ngl. Especially considering my order request receipt on kdealer already shows an MSRP.
Edmund said they expect nothing will change. So pick your source...lol
We are getting ready to be hit with crazy inflation. Which means Int rates will go up.
Perhaps but banks just lowered their auto loan rates. Received emails from both Penfed and DCU the last couple weeks letting me know they had lowered their auto rates. DCU in particular is currently 1.49 up to 65 months. Will be financing with Kia for the immediate rebate and then flipping the loan to DCU before first payment is made for the best rate.
Another thing to consider is resale value of MY 22 will always be somewhat higher than MY 21. Whether it's 3, 5, or 10 years down the road, people selling a '22 will get more back.
Same plan here, but just newly learned that refinance rates are different and slightly higher. Going to monitor, especially after reading that thread about Kia Motors Financing nightmares.
DCU rate is the same for purchase or refi. Down side is you have to direct deposit your paycheck with them to qualify for the best rate
You have to be careful with this. To get it financed as a new car you will want to have this all set up in advance. I've never heard new & used cars financed at same rate. All this sounds a little too good to be true.
The key is the words As Low As... nothin’ keeping them from charging you 12% instead...
Of course the rate could go higher based on credit score. Sorry figured that simple concept was understood by everyone. All lender advertise their best rate which requires top credit. Will be more careful in the future to add a disclaimer that states nothin' keeping them from charging you 12% with $h*t credit score.
Who is DUC?
Digital Credit Union
