09-08-2010 02:48 PM
No problem shentographer, Approvals thread has helped me alot also. Infiniti's are great cars. I was going to do CPO bmw, but decided to go with a new car. Interest rate was going to be about the same with bmw.
09-09-2010 01:54 PM - edited 09-09-2010 01:57 PM
MODEL: Altima 2.5S
AMOUNT OF LOAN: 18,300
TERM CONTRACTED: 60 months
APR/LEASE RATE: 7.13
MONTHLY PAYMENT: ` $365
MISCELLANEOUS COMMENTARY: Wow! I was surprised to even get approved, let alone at such a relatively low APR! I was turned down by several CUs. I have about 13 medical collection accounts and 4 CC charge offs that have not been repaid (working on cleaning these up). I also have about $140K in student loans. Last year I opened a BofA secured card and have had perfect payment history and low utilization. I also cleaned up some derogs on my CR. My scores then were in the high 400's to low 500's. My student loans also went into repayment last year and I have perfect payment history on the various accounts. I also have a paid auto loan (60 mos.) through Ford Motor Credit that I payed off in 2008 with a perfect payment history and several paid as agreed or otherwise accounts in good standing. I have way more good than bad stuff on my CR. Roguhly 45 accts (student loans) and AAoA is 11 yrs. Loan was no money down required but LTV was 110% which would almost guarantee a need to put something down after taxes etc. I had planned to put $2K down plus trade in (got $950) and ended up financing the above. Pretty pleased!
EDIT: Btw, I applied on 8/26 but did not want to post this until the deal had finalized in case things fell apart. lol
09-11-2010 01:50 PM
09-11-2010 10:07 PM
09-15-2010 03:14 PM - edited 09-15-2010 05:21 PM
09-16-2010 04:58 AM - edited 09-19-2010 04:42 PM
09-21-2010 08:25 AM
09-22-2010 09:06 AM
APPROVING BANK: Toyota Financial Services
BUREAU PULLED: TU and EQ
CREDIT SCORE: EQ 680 / TU 676
CUSTOMER STATE OF RESIDENCE: TX
YEAR OF VEHICLE: 2005
MAKE: Infiniti MODEL: FX35
RETAIL/LEASE: retail AMOUNT OF LOAN: $24,039
TERM CONTRACTED: 60
APR/LEASE RATE: 6.1%
MONTHLY PAYMENT: $472.25
MISCELLANEOUS COMMENTARY: First off. I DID NOT want to buy a new car. I really liked it. However, I was spending WAY too much money on repairs. I traded in a 2003 Ford Explorer EB edition.
Originally approved by CapOne. Was prepared to use the Blank Check. Dealer asked if I was interested in using their financing. I agreed as long as they pulled only 1 report and could guarantee a lower rate (LOL!). My rate went from 7.54% to 6.1%. This may seem high, but my last car was 17.95% with CapOne. Dealer gave me a lot of trouble with my trade-in. Though I really wanted this car, I got up to leave when they refused to give me full pay off. The fact that I already had financing and the sales guy understood that I had done my research really helped me. He realized that I was ready to walk and I could hear the conversation he was having with his manager. It would have been silly for him to lose the deal over $1000. I had to add the service contract and gap insurance to the loan. I also got free oil changes.
09-23-2010 01:26 PM - edited 09-23-2010 02:47 PM
09-26-2010 07:01 PM
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