BMW and Lexus Auto Financial Services

[Anonymous]

I have FICO scores 646, 642 and 701. Does anyone know the cutoff points for BMW Financial and Lexus Financial Services? I may need a new car in a year.

[Anonymous]

My wife and I were approved in April by BMW Financial and offered a rate for 60 months at 5.9% to purchase. Our scores were Wife ~670 / Me ~615...

You should be just fine.

Rob

[Anonymous]

Isn't this the same post from earlier???

Rob

[iignatii]

got approved with a 619 fico

[Anonymous]

Congrats! Did you go through BMW or Lexus and what CRA did they pull. I am going to buy a BMW in early 2008 so I am gearing up for the purchase.

Thanks in advance.

P.S. Would you mind telling me how much the loan was for and how much they needed down?

---

@iignatii wrote:

got approved with a 619 fico

---

[Anonymous]

How much down did they require?

---

@iignatii wrote:

got approved with a 619 fico

---

[iignatii]

I didnt put anything dowm . Il eased my car. Only first month.

[Anonymous]

Do yourself a huge favor and DO NOT do business with Lexus Financial Services!  Check out Lexus Financial Services problems on your web browser and read all the problems people have been having with them, myself included.  The Better Business Bureau gave them a "F" rating (their lowest) in Carol Stream IL.  Run, do not walk away from these people, they will screw you over in the end.