CPO Financing Rates

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Old 12-26-2008 | 12:12 AM
  #1  
burn101010's Avatar
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6th Gear
 
Joined: Dec 2008
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CPO Financing Rates

AHFC is running a special on CPO RLs:
2.9% for 24-36 month loans
4.9% for 37-60 month loans

anyone know if these have been the rates for some time, or would it be wise to 'jump' on a CPO RL before the deal expires on 1/5/09?

Thanks, all..
Old 12-26-2008 | 07:31 AM
  #2  
drolds72's Avatar
Instructor
 
Joined: Apr 2008
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From: Prior Lake, MN
In 3/08, I took the CPO rate of 3.9%. With the short end of the treasury curve yielding basically Zero, and depressed sales, I think you will see that offer again.
Old 12-26-2008 | 03:44 PM
  #3  
rlerman's Avatar
Burning Brakes
 
Joined: Jun 2008
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From: NJ
Those rates seem high to me. I got 3.9 for 60 months back in May of this year.
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