Auto Loans

[Cadillac-XTS]

Congrats

[spengbab]

APPROVING BANK: Hyundai Motor Finance 

BUREAU PULLED: TU, EQ

CREDIT SCORE: 602

CUSTOMER STATE OF RESIDENCE: KS

NEW/USED: New

YEAR OF VEHICLE: 2013

MAKE: Hyundai

MODEL: Sonata SE

MILEAGE: 15 (not sure yet will get a better reading when it comes in tomorrow)

RETAIL/LEASE: Retail

AMOUNT OF LOAN: $18500

TERM CONTRACTED: 60 mos

APR/LEASE RATE: 2.9%

MONTHLY PAYMENT: $332

ANNUAL INCOME: $36k

MISCELLANEOUS COMMENTARY: I think I did pretty well.. trade in $ 5000. 

[coreyb80]

Congrats that's a pretty solid deal.  

[aissa_sf]

APPROVING BANK: I think it's AmeriCRedit
BUREAU PULLED: not sure
CREDIT SCORE: 598
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: NEW
YEAR OF VEHICLE: 2012

MAKE: KIA

MODEL: SEDONA
MILEAGE: 40
RETAIL/LEASE: Financed
AMOUNT OF LOAN: 24258
TERM CONTRACTED: 72
APR/LEASE RATE: 13.10%
MONTHLY PAYMENT: $488 including GAP Coverage

ANNUAL INCOME: 70K combine
MISCELLANEOUS COMMENTARY: I want to refinance. My first auto loan after bankruptcy discharge 1 year ago. Monthly payment is still a little high. Anybody can advise on when can I refinance and bank.. Thanks. This is with Trade in of our Mazda MPV 2000, they bought it for $750, then $2K down and there was also a $4K rebate on the new 2012..

[aissa_sf]

APPROVING BANK: I think it's AmeriCRedit
BUREAU PULLED: not sure
CREDIT SCORE: 598
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: NEW
YEAR OF VEHICLE: 2012

MAKE: KIA

MODEL: SEDONA
MILEAGE: 40
RETAIL/LEASE: Financed
AMOUNT OF LOAN: 24258
TERM CONTRACTED: 72
APR/LEASE RATE: 13.10%
MONTHLY PAYMENT: $488 including GAP Coverage

ANNUAL INCOME: 70K combine
MISCELLANEOUS COMMENTARY: I want to refinance. My first auto loan after bankruptcy discharge 1 year ago. Monthly payment is still a little high. Anybody can advise on when can I refinance and bank.. Thanks. This is with Trade in of our Mazda MPV 2000, they bought it for $750, then $2K down and there was also a $4K rebate on the new 2012.

[DrJim]

APPROVING BANK: Navy Federal
BUREAU PULLED:
CREDIT SCORE:
CUSTOMER STATE OF RESIDENCE:
NEW/USED:  Used
YEAR OF VEHICLE:

MAKE:

MODEL:
MILEAGE:
RETAIL/LEASE:
AMOUNT OF LOAN: $30,000
TERM CONTRACTED: 48 months
APR/LEASE RATE: 3.99
MONTHLY PAYMENT:

ANNUAL INCOME: $140K (mine only)
MISCELLANEOUS COMMENTARY:  Preapproval.  Have my eye on a 2008 Ford Explorer Limited with 47K miles.  Listed at $19,900.  Applied for $25K and when they approved they also offered $30K so I accepted that.  Packet available at local branch within an hour of online application.  Will run by NFCU in the morning and then head out shopping.

[iCoop]

APPROVING BANK: Navy Federal Credit Union
BUREAU PULLED: EQ
CREDIT SCORE: 695
CUSTOMER STATE OF RESIDENCE: GA
NEW/USED:  Used CPO
YEAR OF VEHICLE: 2013

MAKE: KIA

MODEL: Optima EX (Fully Loaded)
MILEAGE: 4150
RETAIL/LEASE: RETAIL
AMOUNT OF LOAN: $29000
TERM CONTRACTED: 60 months
APR/LEASE RATE: 2.99
MONTHLY PAYMENT: 530

ANNUAL INCOME: $60K (mine only)

ADDITIONAL INFO: Loan amount is higher than price of car due to me having negative equity in my previous Kia Forte which I traded in.

[bluephix]

APPROVING BANK:BankTrust
BUREAU PULLED:Transunion
CREDIT SCORE:654
CUSTOMER STATE OF RESIDENCE:AL
NEW/USED:USED
YEAR OF VEHICLE:2012

MAKE:CHEVY

MODEL:CAMARO 2SS CONVERTIBLE
MILEAGE:10000
RETAIL/LEASE:RETAIL
AMOUNT OF LOAN:32000
TERM CONTRACTED:66 MONTHS
APR/LEASE RATE:5.75
MONTHLY PAYMENT:566

ANNUAL INCOME:55000
MISCELLANEOUS COMMENTARY: I would like to thank everyone for their posts and advice.  This forum has allowed me in the last two years to buy the house of my dreams and today to buy the car of my dreams.  I couldn't have done it without you guys.  Thanks Again.  P.S> I wasn't sure how to post without doing a reply Sry :

[bbguy5]

APPROVING BANK:chase
BUREAU PULLED:Transunion. / auto fico 04
CREDIT SCORE:me 750 wife 660
CUSTOMER STATE OF RESIDENCE:il
NEW/USED:new
YEAR OF VEHICLE:2012

MAKE:CHEVY

MODELilverado 1500 crew cab 4x4 all star edition
MILEAGE:211
RETAIL/LEASE:RETAIL
AMOUNT OF LOAN:36000
TERM CONTRACTED:72 months
APR/LEASE RATE:4.64
MONTHLY PAYMENT:589

ANNUAL INCOME:123000 combined
MISCELLANEOUS COMMENTARY: a lot of my baddies have fallen off from 7 years ago.  I haven't be late on a single payment in the last 6 years For anything.  traded in a 2011 dodge nitro (from a post way back on page 40).   Owed 19.5 on the nitro got 17665 from dealer, 1000 gm trade in credit and canceling extended warranty today which nets me $500 on trade in.  Just bought a 2012 jeep liberty on (around page 60) in February of this year.  got 6k in GM incentives And oil changes for life.

[bbguy5]

APPROVING BANK:chase
BUREAU PULLED:Transunion. / auto fico 04
CREDIT SCORE:me 750 wife 660
CUSTOMER STATE OF RESIDENCE:il
NEW/USED:new
YEAR OF VEHICLE:2012

MAKE:CHEVY

MODELilverado 1500 crew cab 4x4 all star edition
MILEAGE:211
RETAIL/LEASE:RETAIL
AMOUNT OF LOAN:36000
TERM CONTRACTED:72 months
APR/LEASE RATE:4.64
MONTHLY PAYMENT:589

ANNUAL INCOME:123000 combined
MISCELLANEOUS COMMENTARY: a lot of my baddies have fallen off from 7 years ago.  I haven't be late on a single payment in the last 6 years For anything.  traded in a 2011 dodge nitro (from a post way back on page 40).   Owed 19.5 on the nitro got 17665 from dealer, 1000 gm trade in credit and canceling extended warranty today which nets me $500 on trade in.  Just bought a 2012 jeep liberty on (around page 60) in February of this year.  got 6k in GM incentives And oil changes for life.

[Starsandbucks]

APPROVING BANK: Capital One
BUREAU PULLED: Equifax
CREDIT SCORE: 651 (auto enhanced)
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: New
YEAR OF VEHICLE: 2012

MAKE: Acura 

MODEL: TSX w/technology package
MILEAGE: 22
RETAIL/LEASE: Bought
AMOUNT OF LOAN: 28,183.39
TERM CONTRACTED: 72 months
APR/LEASE RATE: 3.57 (I'm shocked!)

MONTHLY PAYMENT: $402 

ANNUAL INCOME: $86K

MISCELLANEOUS COMMENTARY: I had no idea what to expect. I've been cleaning up my credit and paying off my balances in getting ready to buy a new car. I bone-headeadly missed a payment on my BofA credit card (100% unintentional and didn't get a call or alert email from BofA or anything. I was shocked and mortified but of course my GW went nowhere with them) and it decimated my score by about 100 points. I applied on Wednesday night and got the "We'll get back to you email" and I thought I was a goner. About 2 minutes later I had an approval email of up to 40K with a rate of 3.57! I was shocked and thrilled. I guess old St. Jude was listening. Just another FYI: Acura couldn't beat the rate but they pulled Experian auto enhanced and I had a 660. Also, weirdly, I've never had an auto loan before but my auto enhanced scores are much higher than my regular FICO scores. After that September 30 day late hit me, it left me with a 610.