Starting Score: 627 EQ, 621 TU - 11/15/08
BundiFan,
I can not help you with your original question but can say that having been pre approved before walking in to the dealership is a great feeling! However, do let the dealer pull your credit as they can do some amazing things. I was approved for a used car loan by Bank of America @ 4.9%. After some research I told the dealer which car I wanted via an email and how much I wanted to pay for the car out of the door. When I showed up at the dealer a week later, looked at the car, did test drive etc, it was time to make the purchase and I was asked if I needed financing. I said no and the finance girl told me that if I didn't mind having one more hard inquiry on my report, she was pretty sure that she could beat my 4.9%. So I let her and sure enough, got 3.49% for a used car loan with a local bank they do business with. So I got the car I wanted for the invoice price i wanted, the loan term I wanted and at a much lower interest rate...
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