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Question on APR% for New vehicles

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Old Nov 28, 2006 | 04:40 AM
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Default 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.)

Last edited by flyromeo3; Nov 28, 2006 at 05:22 AM.
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Old Nov 28, 2006 | 04:43 AM
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you left out the closing parenthesis h:
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Old Nov 28, 2006 | 04:58 AM
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You should qualify for the 2.9%. I think you got to have like 650+ or 680+ to get their advertised APR but maybe I'm wrong.
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Old Nov 28, 2006 | 05:23 AM
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Originally Posted by LABARINTH
you left out the closing parenthesis h:
m.b

I hate it when my grammar is off

Thanks
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Old Nov 28, 2006 | 05:25 AM
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Originally Posted by yellowbastard
You should qualify for the 2.9%. I think you got to have like 650+ or 680+ to get their advertised APR but maybe I'm wrong.

I hope your right...

Thanks,
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Old Nov 28, 2006 | 08:22 AM
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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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Old Nov 28, 2006 | 10:27 AM
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^^ 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.
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