Question on APR% for New vehicles
Does anyone have like some inside scoup as to what APR you would get when purchasing a new car based on your FICO score?
In the past my credit was on the bad side. Now that I have been working on fixing it for the past two years its gone up to 730.
2 years ago today it was 606.
I see that Honda has a 2.9APR on accord so I hope I qualify for that.
If not, then Daddy will be co-signing with me.
( He agreed to since this accord is under his name and I've made all payments on the vehicle. Plus, he knows im very responsible when it comes to things like this.)
In the past my credit was on the bad side. Now that I have been working on fixing it for the past two years its gone up to 730.
2 years ago today it was 606.
I see that Honda has a 2.9APR on accord so I hope I qualify for that.
If not, then Daddy will be co-signing with me.
( He agreed to since this accord is under his name and I've made all payments on the vehicle. Plus, he knows im very responsible when it comes to things like this.)
Last edited by flyromeo3; Nov 28, 2006 at 05:22 AM.
730 is enough but your 730 maybe not be 730 when they check. depending on the credit agency they use. mine drops 30 points from one to another but only 2 points when going from original to the third credit agency.
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Originally Posted by WiLL
...I really wanna get out and shoot people.
^^ agreed it depends on the agency they use.
if you have a 730, it should okay to qualify for that 2.9 apr.
my score is a little bit higher than that, and I got qualified tier 1 status when I was shopping for cars recently.
if you have a 730, it should okay to qualify for that 2.9 apr.
my score is a little bit higher than that, and I got qualified tier 1 status when I was shopping for cars recently.
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