Dirt

So... If Audi currently is offering 1.9% financing and has BEEN offering 1.9% financing for many months now, why did I get 2.9% financing when I bought our A4 at the end of April? Do the rates vary by region or did my dealer pull a fast one on me and keep the extra one percent somehow?

CruisinginVirginia

Isn't it based on your credit rating (FICO)?

A4QuatErik

They threw out the number 1.9% for me too--provided that I had exceptional credit, but gave me 2.9% instead because it was the first loan that I took out. I dont have any debt, so I am clean--but the fact that its my first car pushed it up 1%.

A4QE-

ex-quattro PETE

yup, you only get that if you have long and excellent credit history.

fauxtek

Yep--you need a relatively high FICO score to qualify--over 740, or so I was told

Emperator

it is 1.9% APR for 36mo's and 2.9% APR for 60mo's

paul_858

credit score + debt/income ratio and job employment length all add into it.

noeltykay

I was told 650 or above.

CruisinginVirginia

Was it for 60 months?

noeltykay

48.