Chance of approval with Honda Financial

[Anonymous]

It would be with the addition of the doc fees. I'm buying in another state so Arkansas sales tax won't be paid at the dealership, we are selling her car to cover these expenses and will pay when we tag the car. The ex also adds the 7 inch infotainment screen, Android auto/Apple car play, lane assist, push to start, and a few other features.

[Anonymous]

Anyone else have any input?

[lmoore1989]

I'd say your chances are very good. I was approved for a Burgundy Night Pearl EX with a 595 score, 24% dti. My income is a bit higher though, around 4,000 a month. Out the door price was 21,435 and got a 3.9% interest rate. Surprised the heck out of me with a low rate like that, but hey I certainly didn't fuss about it. Apparenly after speaking with the F&I guy anything over 680 or so gets their best rates. Another tip, DO NOT buy the honda care warranty from them. Buy online from sacucchi honda, it's only 1000 for 8 years and 120,000 miles (cheapest price anywhere).

[lmoore1989]

There are A LOT more differences. Remote and keyless start, 8inch touchscreen, apple car play, digital climate controls, brake hold assist, lane watch camera, multi-view rear angle camera, and LED strip for daytime running lights. The LX is a great value, but I think going for the EX would be a better decision, especially if financing for 6 years. The EX will make sure you never feel like you want more features than you have. 

[Anonymous]

I was approved for a new 2015 Honda Civic LX Coupe with less than 30 days after BK.  I have a high interest rate due to that but I was able to get about $3,000 taken off MSRP since the car had been sitting on the lot for more than 45 days.  It was a manager's special and the Finance guy had a good relationship with Honda Financial.  According to the Finance guy after a year of on time payments with Honda, I will be in good standing with Honda and eligible for those special deals.

So if I can get approved, I figure just about anyone can get approved, it depends upon the dealer and how willing they are to work with you to get financing.

[GalaxyStars]

Tyler our credit profile is very similar and we are both in Arkansas. Even down to the income.

Eitherways keep us updated as I'm also in the market for a new vehicle and with our profiles being similar it would help.

Have you tried pre approval via Cap One or other banks prior to Honda?
I was pre approved via Capital One for a 20k auto loan with apr of 3.59.

I'm pretty sure you can get financing one way or another.