I worked a great deal (for today's market) on my new 3500 on its way with an ETA of Late Nov. The deal requires me to use the dealer financing ( not RAM financing). Has anyone encountered an early pay off penalty in this scenario? I anticipate a higher APR being offered than my credit union as that's one way the dealer makes their money, right? Thanks for your input!
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RAM Financing question
- Thread starter Gary2920
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cj8rockcrawler
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Not always. My dealer was able to beat the best rate I could find with another local credit union. I've stayed with them, but don't have an early payoff penalty.
areuriding
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There's usually never an early pay off penalty. Wait and see what's offered, a lot of times they do better with financing. You may be surprised.
techman
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RAM financing has zero percent deals, I wouldn't agree to a deal that requires interest financing. The deal might be great, but sounds like they are making it up on the backend with finance charges.
Koons said same thing. $1000 incentive for using chrysler capital but not their 0% offer... When the time comes if the 0% is available or if I take my own credit union financing they said I'd lose out on the $1000 incentive. Depending on what the rate is at the time I'll crunch the numbers and see what is a better deal.