MISCELLANEOUS COMMENTARY: Worked hard getting my scores up and getting approved through PenFed was great for my rate! Even though the car is not new, it is my first in about 5 years. Just needed an A to B work vehicle. Total owed is 6475 because of the gap ins. I also financed with no money down.
MISCELLANEOUS COMMENTARY: Zero down. I was pre-approved by my credit union at 7.9% for 48 mos or 6.9% for 36 mos and Cap One at 12.9% so I was very pleased the dealer could offer me 4.72% with less than perfect credit. I declined GAP insurance as I'm selling the car it's replacing for between $6-7k and will apply that towards the loan.
APPROVING BANK: Ford Credit
BUREAU PULLED: EQ, EX
CREDIT SCORE: 776 EQ
CUSTOMER STATE OF RESIDENCE: LA
YEAR OF VEHICLE: 2013
MODEL: ESCAPE TITANIUM 2.0 Ecoboost 4WD
AMOUNT OF LOAN: $34535
TERM CONTRACTED: 60 MONTHS
APR/LEASE RATE: 3.70%
MONTHLY PAYMENT: $631
ANNUAL INCOME: 80K
Loaded car with every available option. Took the Ford financing to get an additional 1K in incentives. $31,959 sale price. Sticker was $37,020. Added the basic 100K Ford extended warranty and gap. 2K and change down, although I qualified for $0 down. This car is incredible. I looked at many competitors, but nothing else had this much car for the price.