Does anyone know what score you need to get the best auto loan rate with USAA? I'm at 803 with Experian which is who the use I believe, but I have heard they are extremely stringent when giving out their best rates.
I'd agree, I apped for a refi through USAA with a 745 at the time and got approved for a dismal 5.6%. I decided not to refi and trade in and got 2.9% from BMW without even trying. Penfed has always beat USAA for me.
FICO 12/2015 - EX 692 TU 685
FICO 10/2021 - EX 596 TU 605 EQ 600 - officially rebuilding.
What survived: Amex HH - 1.5K | Amex Delta - 1K | Amex Bonvoy - 1.5K | Amex BRG - 3.5K | Amex BRG - 3.5K | Amex Business Cash- 2K | Amex Business Plus - 2K
Last App March 23, 2015. Gardening until November 25, 2015 Current Score: 766 EX 734 EQ 780 TU 6/30/2015Starting Score/Goal Score: 580s/780s across the board
Can't really answer this question without knowing the number of months and used or new but as others have said you would be better off with Penfed. I use USAA for insurance, they are great for that but they are not great for car loan rates. I have a car financed with Penfed and one with NFCU both under 3% for 72 months bought new and scores upper 600's at the time of the loans.
