Auto Loans

[michadoy]

APPROVING BANK: PNC Bank
BUREAU PULLED: Experian
CREDIT SCORE: 700
CUSTOMER STATE OF RESIDENCE: NJ
NEW/USED: NewYEAR OF VEHICLE: 2012

MAKE: Ford

MODEL: Focus SE 5 Door
MILEAGE: 57
RETAIL/LEASE: Retail
AMOUNT OF LOAN: Approved for 25000
TERM CONTRACTED: 60months
APR/LEASE RATE: 3.35
MONTHLY PAYMENT: ~415 if i use all 25000

ANNUAL INCOME: 60000
MISCELLANEOUS COMMENTARY: Thank you myfico members! I have been biting my nails for months now working hard to get my credit to an acceptacle position! I lurked on here for months and read all your tips! This website and it's members allowed me to dig out of my ~580 credit score to 700! I haven't decided on the car but i have 30 days to test drive and negotiate with dealers. I am anticipating purchasing a 2012 Ford Focus SE 5 Door, Manual Transmission, Winter Package, and Sync Tech. With this auto approval I'll be able to walk into dealers and call the shots, hopefully. I am forever grateful for your help! Also as an FYI PNC is my primary bank in which i recieve my paycheck into direct deposit. The gentleman at the bank stated if you have an account with DD and you actively use it they can judge your worthiness from this, therefore i didn't need to supply any additional paperwork. Thanks and good luck to all!

[KMichelle]

BMW offered 2.99%!!! Super excited!! Great car, better rate! ;-)

[KMichelle]

Thanks!

[KittahMama]

This thread is to be used for your Auto Loan Approvals just copy and paste!
 
APPROVING BANK: Rogue Federal Credit (local)
BUREAU PULLED: beacon? Whatever that is
CREDIT SCORE: 701 borrow 620 coborrow(true owner, me)
CUSTOMER STATE OF RESIDENCEregon
NEW/USED:New
YEAR OF VEHICLE:2012
MAKE:Kia
MODELptima
MILEAGE:111
RETAIL/LEASE:retail
AMOUNT OF LOAN:23800
Purchase Price: 25984 + 514 gap+ 316 fees registration
Down Payment: 3k
TERM CONTRACTED:84 months(long time!)
APR/LEASE RATE:3.49
MONTHLY PAYMENT:322
MISCELLANEOUS COMMENTARY:car is loaded with premium package and tech package and all the standard features. My loan is 3.49 and includes approval for a 5k unsecured visa onto which they are loading $10 for every 1k financed as a credit and 90 days no payments. :-)

[taskforce971]

APPROVING BANK: NAVY FEDERAL CREDIT UNION
BUREAU PULLED: EQUIFAX
CREDIT SCORE:600
CUSTOMER STATE OF RESIDENCE: CALIFORNIA
NEW/USED: USED (REFINANCE)
YEAR OF VEHICLE: 2008

MAKE: MAZDA 

MODEL: 3
MILEAGE: 74998
RETAIL/LEASE: RETAIL
AMOUNT OF LOAN: 8428
TERM CONTRACTED: 36 MONTHS
APR/LEASE RATE: 8%
MONTHLY PAYMENT: 274

ANNUAL INCOME: 53K
MISCELLANEOUS COMMENTARY: NFCU REFI! WENT FROM 16% TO 8%

[emily504]

APPROVING BANK: Mercedes Finance

BUREAU PULLED: TU:825, 725(HB)

CUSTOMER STATE OF RESIDENCE: CA

NEW/USED: New

YEAR OF VEHICLE:.2012

MAKE:.Mercedes

MODEL: ML350

MILEAGE:?

RETAIL/LEASE: 56000(Include Tax Registration...)

AMOUNT OF LOAN: 28700

TERM CONTRACTED:60

APR/LEASE RATE:2.99

MONTHLY PAYMENT:.510

ANNUAL INCOME:$185,000

MISCELLANEOUS COMMENTARY: Original thought going with local credit union, but decide to go with the mercedes finance at the end. Pick up the car few hr ago

[KCjayhawk]

APPROVING BANK: Huyndai Finance

BUREAU PULLED: TransUnion

CREDIT SCORE: 704

CUSTOMER STATE OF RESIDENCE: Kansas

NEW/USED: Used

YEAR OF VEHICLE: 2010

MAKE: Huyndai

MODEL: Sonata

MILEAGE: 6,404

RETAIL/LEASE: Retail

AMOUNT OF LOAN: 14,064

TERM CONTRACTED: 60 months

APR/LEASE RATE: 4.99

MONTHLY PAYMENT:  266

ANNUAL INCOME:  $64,400 

MISCELLANEOUS COMMENTARY:  Down payment: $3,000. Car is factory-certified, so I still have 7 years left on warranty.

I had received a CapOne blank check, approved for 5.63% for 48 months. The Huyndai dealership offered me 4.99% for 60 months, so I took it. There is no pre-payment penalty, so I'm going to pay an extra $50 per month, in order to pay it off in 48 months (and not pay more in interest than I would have with CapOne). (I had planned on a payment of appx 305/mth with the CapOne deal.) 

My Ch. 7 BK was discharged in July 2009 and I have been slowly rebuilding ever since. (Have had 3 unsecured CC's since July 2009, total CL of $3,500; I pay off the balance in full each month and have had no late payments.) My auto-enhance score of 704 was higher than my regular FICO scores (687 and 688); I'm assuming it's because I paid off my previous car loan during the BK.

[iwant700fico]

APPROVING BANK: Mazda Capital services/ Chase
BUREAU PULLED: TRANSUNION
CREDIT SCORE:660
CUSTOMER STATE OF RESIDENCE: CALIFORNIA
NEW/USED: NEW/LEASE
YEAR OF VEHICLE: 2012

MAKE: MAZDA 

MODEL: 3
MILEAGE: 65
RETAIL/LEASE: LEASE
AMOUNT OF LOAN: 9038
TERM CONTRACTED: 36 MONTHS
APR/LEASE RATE: 2.9%
MONTHLY PAYMENT: 258

ANNUAL INCOME: 45K
MISCELLANEOUS COMMENTARY: HAD NO PRIOR AUTO LOAN ON CREDIT. 3 COLLECTIONS AND 2 CC'S IN GOOD  STANDING. 3 CLOSED CC'S WITH PAID AS AGREED ON MY FILE.

EX 680

TU 650

EQ 680

[jbman]

APPROVING BANK: BB&T

BUREAU PULLED: Equifax

CREDIT SCORE: 749

CUSTOMER STATE OF RESIDENCE: GA

NEW/USED: New

YEAR OF VEHICLE: 2012

MAKE: Chevrolet

MODEL: Corvette

MILEAGE: 7

RETAIL/LEASE: Retail, $54,000

AMOUNT OF LOAN: $47,000

TERM CONTRACTED: 72 mo

APR/LEASE RATE: 3.5%

MONTHLY PAYMENT: 725

MISCELLANEOUS COMMENTARY: Just picked it up 2 days ago and both the wife and I love it so far!

[zan987]

I am lookiing at buying an Infinit in Sept/Oct.  Did you have to put any money down?