Auto Loans

[cashcow30]

Just got approved! 

APPROVING BANK: Chase  Auto Finance
BUREAU PULLED: TU
CREDIT SCORE: 590
CUSTOMER STATE OF RESIDENCE: NY
NEW/USED: new
YEAR OF VEHICLE: 2008

MAKE: chevy

MODEL: corvette
MILEAGE:
RETAIL/LEASEurchase
AMOUNT OF LOAN:28000
TERM CONTRACTED:5 years
APR/LEASE RATE:9%
MONTHLY PAYMENT:
MISCELLANEOUS COMMENTARY:  All 3 scores were very low; dti under 30%; income over $250k.  very excite we were finally approved.  my credit union turned me down but after some negotiating back and forth, they approved as well.  Keep the faith and talk to a "body".  Forget the online unless your scores are really high.

[caliking]

APPROVING BANK: FFFCU

BUREAU PULLED: EXPERIAN

CREDIT SCORE: 694

CUSTOMER STATE OF RES: ca

NEW/USED: USED

AMOUNT OF LOAN:35000

TERM CONTRACTED:60 MONTHS

APR:6.49% 

[wamfan]

APPROVING BANK: Toyota Financial
BUREAU PULLED: EX
CREDIT SCORE: 687
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: New

YEAR OF VEHICLE: 2008

MAKE: Toyota

MODEL: 4 Runner
MILEAGE: 148

RETAIL/LEASE: retail
AMOUNT OF LOAN: 31000
TERM CONTRACTED: 60
APR/LEASE RATE: 1.9%
MONTHLY PAYMENT: $535
MISCELLANEOUS COMMENTARY: First approval through CU at 12.9%, at Dealer #1 11%, Second approval BofA at 7.59%, at Dealer #2 - Factory incentive interest rate of 1.9%.

Message Edited by wamfan on 12-16-2008 04:46 PM

[tmdpc]

APPROVING BANK: PenFed
BUREAU PULLED: EQ
CREDIT SCORE: 695

CUSTOMER STATE OF RESIDENCE: WA State
NEW/USED: Used
YEAR OF VEHICLE: Unk

MAKE: Unk

MODEL: Unk
MILEAGE: Unk
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $20k
TERM CONTRACTED: 60 mo
APR/LEASE RATE: 4.75%

MONTHLY PAYMENT: $375
MISCELLANEOUS COMMENTARY: I've been lurking here for a few months and want to say thanks for all the FICO help!  EQ of 695, Chap 7 in Aug of 2000 is the only dergo. Credit history 15+ years, Account history 7+ years. Instant approval, no income verification needed - Also got their Visa Rewards Card with a $2k cl. No collateral an incredible APR and a GREAT Visa card - Woo Hoo!

[sparrow]

APPROVING BANK:Cap One
BUREAU PULLED: ??
CREDIT SCORE: TU631 EQ643 EXP620 
CUSTOMER STATE OF RESIDENCE: PA
NEW/USED: new
YEAR OF VEHICLE: 2008

MAKE: Chevy

MODEL: Equinox
MILEAGE: 500
RETAIL/LEASE:
AMOUNT OF LOAN: 19,000.00
TERM CONTRACTED: 60 mos
APR/LEASE RATE: 8.85
MONTHLY PAYMENT: 376
MISCELLANEOUS COMMENTARY: I was approved for 23,750 - I was surprised. I'll be going to the dealer tonight and see what they offer, but at least I know I have financing I can afford, even if it is w/ Cap One. It's a relief!

[movinonup79]

APPROVING BANK: Capital One
BUREAU PULLED: Not sure
CREDIT SCORE: 503-515 across all
CUSTOMER STATE OF RESIDENCE: Utah
NEW/USED: New
YEAR OF VEHICLE: 2009

MAKE: Ford

MODEL: Focus
MILEAGE: 30
RETAIL/LEASE:14,100
AMOUNT OF LOAN: 16,200
TERM CONTRACTED: 72 mos.
APR/LEASE RATE: 13.66
MONTHLY PAYMENT: 330
MISCELLANEOUS COMMENTARY:  I had a co-signer with excellent credit - I'm sure I would have never gotten approved for anything without her.  Hopefully I can refinance in a year after on time payments on my own and for a lower rate.  I already made my first payment very early so I'm on a good start!

[sekada]

APPROVING BANK: BB&T

BUREAU PULLED: All Three
CREDIT SCORE: High 500's to 625, auto "enhanced"
CUSTOMER STATE OF RESIDENCE: GA
NEW/USED: New
YEAR OF VEHICLE: 2008

MAKE: Mazda

MODEL: Mazda3 s-Grand Touring with Sunrof, Bose sound and 6 CD Changer
MILEAGE: 170
RETAIL/LEASE: 19,100 (Thank you, Edmunds)
AMOUNT OF LOAN: 20,700, minus $2,000 down
TERM CONTRACTED: 63 mos.
APR/LEASE RATE: 7.9%
MONTHLY PAYMENT: $409
MISCELLANEOUS COMMENTARY:  Sticker price was $23,230 -- bargained to $19,100 incl incentives.  So that might've helped with the loan.  Original offer on interest was 8.9%, ranging to 18.9 from some shark. The finance guy offered me a corporate discount on the warranty, so I told him I'd take the warranty for $700 off retail, if he could get me a point better on interest.  He did, which basically means 100k mile warranty was free.  I love BB&T, hometown bank and they always treat their people right.  High income and low DTI probably offset my low scores. Really happy overall.  PS if you live in GA, I went to Jim Ellis Honda.

[karbon86]

APPROVING BANK: PenFed

BUREAU PULLED: EQ
CREDIT SCORE: ~730
CUSTOMER STATE OF RESIDENCE: FL
NEW/USED: Used
YEAR OF VEHICLE: 2006

MAKE: BMW

MODEL: 650i

MILEAGE: 36,000
RETAIL/LEASE: 47,500 (NADA)
AMOUNT OF LOAN: 41,000
TERM CONTRACTED: 60 mo
APR/LEASE RATE: 4.75%
MONTHLY PAYMENT: $750

MISCELLANEOUS COMMENTARY:

Very easy transaction.  Instant approval and next day delivery. All done online.  Car will be shipped here when I get back from vacation.  What a way to start out the new year.

Message Edited by karbon86 on 12-20-2008 03:10 PM

[Pworld]

This thread helped me alot so glad i can finally contribute!!

  
APPROVING BANK: Audi Financial Services
BUREAU PULLED: Experian, Transunion
CREDIT SCORE: Ex: 624  TU: 649
CUSTOMER STATE OF RESIDENCE: Califronia
NEW/USED: Used
YEAR OF VEHICLE: 2007
MAKE: Audi
MODEL: A4
MILEAGE: Approx 38k
RETAIL/LEASE: Retail
AMOUNT OF LOAN: Sticker was 25,995 paid 21,888 OTD with added gap insurance plus
TERM CONTRACTED: 72mo
APR/LEASE RATE: 8.9
MONTHLY PAYMENT: 395 with gap insurance plus
MISCELLANEOUS COMMENTARY:

I was approved by capital one for 12.76 under the same terms for up to 26k. I told the dealer capital one gave me 10 percent and they came with 8.9, I never thought i had a chance to get approved by Audi Financial. Im thinking it will look good on my credit when i pay this off. Chase auto loan denied me. 

[striper]

APPROVING BANK: Toyota Financial

BUREAU PULLED: Trans I think
CREDIT SCORE: 570-580
CUSTOMER STATE OF RESIDENCE: CT
NEW/USED:New
YEAR OF VEHICLE: 2008

MAKE: Toyota

MODEL: FJ Cruiser
MILEAGE: 0
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 28,000
TERM CONTRACTED: 60 mo
APR/LEASE RATE: 11%
MONTHLY PAYMENT: 575
MISCELLANEOUS COMMENTARY: