Pricewheels.com

  • Home
  • | Contact Us |
  • New Cars
  • Used Cars
  • Auto Loans
  • What Car Can I Afford
  • Car News

Fed Cuts Rate

Research
  • See pricing and all the information you need to pick the right new car.

  • New Cars

  • Used car technical specifications, gas mileage, safety ratings, reviews and more.

  • Used Cars
Extended Warranty
  • Don't get caught off guard by expensive repair bills. Protect yourself today.

  • Get Extended Warranty on Your Vehicle
Get Auto Loan Rates
State:
Zip:
Loan Type:
Loan Amount:

Get New Car Quote
Make:
Model:

Find Car Parts
Year:
Make:
Model:

Apr 30th, 2008 by Liz Opsitnik

The Federal Reserve lowered interest rates today by a quarter of a point to 2%.  Don’t expect the rate to go lower any time soon though, as the Fed has indicated that rates will remain steady for a while.So who does this rate cut affect?  If you have fabulous credit, then listen up.  You can get in on this lower rate because of your great credit score.  Auto loan interest rates for you are very attractive because they are at record lows right now.

Don’t have a high credit score?  Sorry, but you are still likely to get a higher rate.  Pull your credit report and get rid of any inaccuracies.  Get your FICO score as high as possible and then take advantage of the new lower rate if you can.

Will this new rate cut help the auto industry’s falling sales?  Will it give car shoppers a good enough reason to buy a vehicle now, when people are so afraid to make a big purchase in wake of a shaky economy?

Bankrate.com goes into more detail on the rate drop and explains how this affects auto loan shoppers.


Posted in auto loan, Automotive, car buying incentives, Credit Scores, Financing, Lower interest rates | No Comments

Comments are closed.


EXTENDED WARRANTY QUOTE

Protect your vehicle with an extended warranty! Get a fast free quote on affordable extended warranties for used and new cars here!

Get an Extended Warranty !

CHECK INSURANCE RATES

Don't forget to factor insurance costs into your research. Get accurate insurance rate information on any vehicle and shop for the best deal.

See How Much You Can Save!

AUTO LOAN QUOTE

Get real price quotes from local dealerships. Don't buy a car without checking the price first! Pit dealers against each other to get the best deal possible!

Explore Your Financing Options!


{*
  • Auto Loan Center
  • Free Auto Loan Quote
  • Auto Loan Calculator
  • Car Loan Rates
  • Auto Rebates & Incentives
  • Auto Loan News
  • Brake Pad Center
  • Buy Brake Pads
  • Types of Brake Pads
  • Brake Shoes
  • Changing Your Brake Pads
  • Air Shock Center
  • Air Shocks
  • Air Bags
  • Load Levelers
  • Air Conversion Kits
  • Air Springs
  • Shock Center
  • Shocks
  • Air Bags
  • Load Levelers
  • Air Conversion Kits
  • Air Springs
*}

New Cars | Finance | Privacy Policy | News Letter | Unsubscribe | About Us | Dealer Program | Affilliate Program | Site Map | Jobs | Do Not Sell My Personal Information

© Copyright 2002 - {$smarty.now|date_format:"%Y"}. PriceWheels, LLC. All rights reserved.

{literal} {/literal}