Best Auto Loan Rates After Chapter 7?

[tedbell]

2.89%, $22500, zero down from Chase online one year after Ch 7 discharge. Reaffirmed current Chase car loan during BK -- that loan has one remaining payment -- no late payments.

[coronaglen]

cap 1 is capitol one?? is there a special website. I am awaiting my discharge from chapter 13. My car is dying. I have to spend 1300 to fix my a/c and thermostat. and i need need a dependable car since i am in sales.

thanks

[TXskyblue]

cap 1 is capitol one?? is there a special website. I am awaiting my discharge from chapter 13. My car is dying. I have to spend 1300 to fix my a/c and thermostat. and i need need a dependable car since i am in sales.

thanks

http://www.capitalone.com/auto-financing/

Will your car be reliable if you spend $1300 fixing the ac and the thermostat?

[coronaglen]

Thanks for info. I have 206,000 miles on it. The dealer told me I need to change the engine mounts too. 1500 more. I also drive 25000 miles a year @ 18 mpg. Spend 600+ on gas monthly. So I was thinking a hybrid. New payment and gas will be about the same.

Or a used hybrid a few years old will even be better.

[TXskyblue]

Thanks for info. I have 206,000 miles on it. The dealer told me I need to change the engine mounts too. 1500 more. I also drive 25000 miles a year @ 18 mpg. Spend 600+ on gas monthly. So I was thinking a hybrid. New payment and gas will be about the same.

Or a used hybrid a few years old will even be better.

I bought a Prius. You drive more than me, but when I did the calculations, it was going to take something like 9 years before buying the hybrid made sense financially.

To be honest, I wish I had my old car back. Lower mpg but it was almost paid off. It was very reliable, though, and it sounds like yours is a different story.

[iswmle]

How do you like your Prius? I am not planning on getting another car anytime soon (90,000/miles, car is paid off) but I was thinking that when I do I wanted to get a Prius. I was talking about it with a few people at work and they said the Prius performed poorly in some safety ratings.

Plus, when it comes to aesthetics of a car I am a steering wheel, gear shift girl, lol. I love the look of the Toyota steering wheel, and I am pretty sure I will like the feel, but good God, that gear shift.... Still, the gas mileage may outweigh the cons.

[johnson742]

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[ksgirl38]

2.74 through Community America Credit Union. That was about a year after discharge. Avoid going through the dealership, they started me out at 6% and got me down a little more when I complained, but it was still too much considering my last 2 cars had been at 0%. I ended up refinancing within 60 days of buying the car. I had previously opened a savings account at Community America so I guess that helped. If you don't already have a savings or checking account with a credit union it might be worthwhile to look into.

FYI - when I filed I had a Toyota that I reaffirmed. About 10 months later I found myself trading it off and went back to the same dealership I had bought from. They didn't even run my credit and just had me fill out the credit app as a formality. I had 0% financing when I filed and got it again. Don't know if this was a Toyota thing or a dealership thing, but sometimes it pays to check out a dealership you've worked with in the past. I'm not sure if Toyota still has the 0% financing offers they had in the past, but it's a good deal and it came with a free 2 year maintenance package.