Racer X-8

Ah, yes. Very nice!

And it says if you spend the extra $55 to join as an Executive Member, you get an additional .10% off. That's $55 well spent, I'm sure.

Thanks!

Click here.

:D

RX-Nut

Well the site must be changing constantly cuz I saw 4.04 at People First, now it's 4.09.. Then I saw 4.04 at Costco and now it's 3.84.

DAMN time to lock it in!

alarabie

Damn, I locked in yesterday, but got 4.04

RX-Nut

Ya, I'm afraid to do mine now at 3.84 (3.74 Costco).. If it goes any lower that'll suck.. hahahah.

But hey, 3.74 is damn good already aint it?

ZOOOM

I do not see .25 off, I am getting 3.84 directly thru peolpefirst web site am I missing something????? as of 6-11-03

RX-Nut

Hmm.. you too eh.. It seems to change person to person.. ODD!

jtimbck2

3.74%, 3.84%...

Reality check here, at $30,000 for 60 months, an 0.10% difference in your rate means only $81.28 OVER THE ENTIRE LIFE OF THE LOAN. Chill out -- that's not much of a difference.

RX-Nut

Hahahha tru dat

khoney

I went to PeopleFirst.com last night to fill out an online form, but after I saw the field for Social Security number, I got concerned and read their privacy notice. They will provide any of the information you supply on their forms to every Tom, Dick and Harry that'll pay for it. Can you say "Identity Theft"? I backed out of that form and ran the opposite direction!

I don't think this was their policy before they got the bought out by Capital One (you know, the ones with the annoying commercials).

I think I'll just go thru my credit union.

rxeightr

Thanks for paying attention to details khoney. I was going to give them a shot at my business, but like you I will just head to my Credit Union I joined a year ago, for the sole purpose of getting a new car loan when the time came.

Thanks again!

Digisan

There is a check box to decline giving the info to third parties in the application.

Racer X-8

The costco discount is .25% less than peoplefirst.com rates for every % in the charts. Pull up www.peoplefirst.com and click on "check loan RATES". Then, also, www.costco.com - click on "services" in the costco home page, then, "auto financing". You should then be able to put the two comparable charts side by side like I did. Every number in the Costco chart is exactly .25% less than the one at peoplefirst.com site.

At the bottom of the costco chart, it says that executive rates are .10 less. That means that if you join as an executive member ($55 more membership fee), your rates will be .10 less (than the rates in their chart), or, .35% less than peoplefirst.com's regular rates.

Geez.

I doubt if their privacy policies are any worse than any other source. I may be wrong, make sure you're right before you throw away money someplace else with a higher rate. Neither of these companies are fly-by-night. Deny their permission to divulge your private information to outside interests, then rake them over the coals royally if you can prove they violated your order. This goes for any other company that you must provide such info, including credit unions...(my credit union rate is 4.75% currently for up to 72 months - if you qualify for this lowest rate. It can go as high as 13.50% if your credit history sux enough.)

MaRX8

Thanks Racer-X, For being even more clear on the subject.
I tried explaining it clearly. I thought I had, but I guess some people just couldn't figure it out.

khoney

Sorry, Digisan, but you are mistaken. I went back and reviewed the web page, and there is no such animal. Maybe they have one after you press the SUBMIT button (I did not do so), but by then it's too late - your info has already been provided to them. The fine print under the submit button reads as follows:

"By clicking the "submit" button below, you certify that all of the statements in this application are true and complete and are made for the purpose of obtaining credit. You authorize PeopleFirst to share the application and related information with its lending partners in order to complete the processing of this application. You authorize PeopleFirst and its lending partners to retain and rely on this application, and to obtain additional information, including credit reports. In addition, you acknowledge your receipt of our privacy notice, which is always available for your review at www.PeopleFirst.com/pff/site_privacy_index.cfm"

If there truly was a checkbox, I would have used them, but having known victims of identity theft, I think I'll pass. A word to the wise... doling out your social security number to parties that don't protect it by default is like leaving the keys to your RX-8 hanging from the lock cylinder.

Digisan

I was talking about dealers. They will not give up your SSN. I have a Capital One card now, no problems with it for many years. If you go to a dealer to get financing they give out your info to a bunch of lenders to get you the best rate, it's nothing new. You are being sold!!!

khoney

My point exactly. I don't have a problem with it if I have an opportunity to specify that my information is not to be shared. Unfortunately PeopleFirst doesn't give me that opportunity.

Tell that to the identity theft victims who spend years trying to clear their record that someone else destroyed. I'm sure they'll have a stronger response than I will...

And for those who choose not to remain ignorant on the matter...

http://www.consumer.gov/idtheft/

http://www.privacyrights.org/

http://www.idtheftcenter.org

MaRX8

I am well aware what ID theif is all about, and in most cases, it not being stolen from a Website like Peoplefirst.com. It most cases it someone working at a location, Doctor, Medical, Resturant/waiter, Insurance, credit card agency. That your ID is easily stolen. I don't think Peoplefirst.com would be succesful if they were making it easy to have your ID stolen.
If you really are paranoid that it will be stolen, then you should never have a credit card, and never go to the doctor, nor buy a car for that matter. If someone really wants to steal your ID, it's really not that hard. You just have to be careful and monitor your credit. That's the safest thing to do.

rxtreme

iTrader: (1)

I was a potential victim for ID theft when that big ID theft bust went down in, where was it, NJ I think? My name was on that list of those thousands of other people who had their SS #'s stolen, as well. Those guys got ahold of my info. through TRICARE, a military insurance company. Someone had either hooked them up with the info (from inside the company) or they hacked into their inadequite security system.

What was recommended to me was to get a credit report and alert all the credit reporting agencies (the big three; equifax and the other two). They put you on some alert status for some period of time and monitor what's going on with your credit. If anything suspicious happens, they let you know immediately.

Digisan

Me too. If you were ever in the military then 10s of thousands have access to your info.

P00Man

anyone can get anything now adays with everything on a harddrive thats hooked up to a network of any kind.
________
CAT WHEEL

Zoom49

Now that our cars are here I thought I would activate this thread again. Got my approval yesterday for 60 months @ 3.64%
through Costco. I dont think that the dealer will be close to
that. Now lets get ready to have some fun driving.

Racer X-8

Executive membership, right?

My figures point to a conclusion about using Costco. The savings you get don't make up for the annual membership fees, either regular or executive. So, unless you plan on using Costco for other things, don't go there for your loan. Go straight to PeopleFirst.com for 3.99% (3.49% for up to 36 months).

That's not a knock on Costco or people who use Costco. That's just how I see the numbers add-up.

Efini 8

hey guys, I thought you might want to check out www.carbuyingtips.com they have great info on buying a car and how to buy smart and the right way, the first time! Peoplefirst.com is definately one of the best loan sites on the net.

pelucidor

Just got approved for 3.64% at PeopleFirst for a $36,000 loan over 60 months - I am a Costco Executive member. Monthly payment was $657. But I will probably lease instead...

Hercules

I applied as well, but I would prefer the lease as well... more attune with my interests, as I'll get bored after three years.