topic Lexus Financial uses Highest Auto FICO in Auto Loans

Lexus Financial uses Highest Auto FICO

Antredd — Sat, 07 Jun 2025 10:58:24 GMT

Two of my Auto Fico scores are above 800(Equifax-822, TransUnion-820) and my Experian is 782. Lexus Financial offered me the best interest rate (beating my credit union) here in CA.

The salesperson said that the dealership uses our highest FICO score. I know when financing a home, mortgage banks use our middle score. I didn't know that car dealerships use our highest FICO score.

The salesman asked me to guess what my credit score was, I said high 700s, already knowing what my lowest score was, and he said no, "you're golden in the 800s."

Re: Lexus Financial uses Highest Auto FICO

Thomas_Thumb — Sat, 07 Jun 2025 13:40:00 GMT

Move to Auto forum?

Re: Lexus Financial uses Highest Auto FICO

Antredd — Sat, 07 Jun 2025 15:32:37 GMT

Oops, I thought I did. Sorry about that.

Re: Lexus Financial uses Highest Auto FICO

pizzadude — Sat, 07 Jun 2025 16:44:39 GMT

Thanks for sharing, did Lexus do a HP on all three CRAs for your approval ? What interest rates / terms are they offering ?

Re: Lexus Financial uses Highest Auto FICO

Antredd — Sat, 07 Jun 2025 19:54:22 GMT

Yes Lexus pulled all three reports. The interest rate I got is 5.75% on a 2024 RX 350h CPO. My credit union is offering a slightly higher rate at 5.79%. However, on certain brand new Lexus, my score qualified me for a rate as low as 3.29% for 48 months.

Re: Lexus Financial uses Highest Auto FICO

cashorcharge — Mon, 09 Jun 2025 19:52:06 GMT

In that image, it shows your rate goes up to 900 so I am thinking they pullled F9 or maybe F8 Auto?

Either way...congrats on your approval. Typically these days.....while it varies with various banks.....I think the cut off for A Paper wit the best rates are for scores over 750

Re: Lexus Financial uses Highest Auto FICO

pizzadude — Mon, 09 Jun 2025 19:05:22 GMT

@cashorcharge wrote:
In that image, it shows your rate goes up to 900 so I can thinking they pullled F9 or maybe F8 Auto?
Either way...congrats on your approval. Typically these days.....while it varies with various banks.....I think the cut off for A Paper wit the best rates are for scores over 750

Yeah I believe that 900 is the max score for Auto enhanced FICO scores.

Re: Lexus Financial uses Highest Auto FICO

Antredd — Mon, 09 Jun 2025 21:37:53 GMT

Thanks, and great observation regarding auto scores going up to 900.

Re: Lexus Financial uses Highest Auto FICO

HoustonRider — Thu, 24 Jul 2025 15:42:06 GMT

its a shame they werent more specific on which score, you have 12 FICO Auto Scores, F5,4,2, F8, F9 and F10. They pulled all 3 bureaus but I doubt they pulled 4 scores from each. All of them max at 900, except the F5,4,2, they dont max at 850 or 900. They pulled one of the 4 and used whatever one worked the best.