Re: Auto Loan Approvals!
10-09-2012 09:17 AM
ds3 wrote:APPROVING BANK: VWBureau Pulled: Experian CREDIT SCORE: 675 Auto V8CUSTOMER STATE OF RESIDENCE: CANEW/USED: NewYEAR OF VEHICLE: 2013MAKE: VolkswagenMODEL: Passat TDI SEL PremiumMILEAGE: 15RETAIL/LEASE: Retail AMOUNT OF LOAN: $34300TERM CONTRACTED: 60 monthsAPR/LEASE RATE: 10.19% MONTHLY PAYMENT: $744ANNUAL INCOME: $93k
Update...my CU came in at 8.99. New pmnt of $665.
Update 2: Dealer came back with 7.9 and threw in a bunch of extras for $654 monthly. I went from a first offer of 20.99 at a different dealer to 7.9 in 2 days. The lesson I learned is shop around, which I have never done before.