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Established Member
MmeLucie
Posts: 15
Registered: ‎08-07-2008

Do I qualify as a first time buyer if my first vehicle and financing is off my report?

It has been 20 years since I bought a car... they ask me if I am a first time buyer.  The loan isn't on my credit report.  Dropped off a while ago.

 

 

My credit is good: TU: 712 Equi: 697

 

What extras do they give a first time buyer?

Frequent Contributor
SamsungHDTV
Posts: 292
Registered: ‎10-25-2011

Re: Do I qualify as a first time buyer if my first vehicle and financing is off my report?


MmeLucie wrote:

It has been 20 years since I bought a car... they ask me if I am a first time buyer.  The loan isn't on my credit report.  Dropped off a while ago.

 

 

My credit is good: TU: 712 Equi: 697

 

What extras do they give a first time buyer?


Just tell them you are if you want to be a first time car buyer. Different dealerships do different promos for first time buyers. You would have to check. 

My contributions back to myfico forums:

The CSP-Freedom-Chase Checking Trifecta decoded:
http://ficoforums.myfico.com/t5/Credit-Cards/CSP-Freedom-Checking-Use-wisely/td-p/1355519
How to buy a car (First time car buyers)
http://ficoforums.myfico.com/t5/Auto-Loans/How-to-buy-a-car-for-the-first-time-buyer/td-p/1923289

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