https://ficoforums.myfico.com/t5/Auto-Loans/what-is-a-quot-well-qualified-buyer-quot-for-automobile-special/m-p/2901310#M38236 <P>It depends on manufacturer. For the top tier, I've seen cutoffs from 680+ Auto enhanced FICO (usually much higher than regular if you have good auto/installment history) to 740+ Auto enhanced FICO.</P><P>&nbsp;</P><P>For the best rates, I've often seen Tier 0 (like super prime) and Tier 1 (prime) qualify so often 720+ is fine. Some manufacturers like Toyota generally extend it all the way down to 680+.</P><P>&nbsp;</P><P>It should be noted that you qualify for DCU's 1.99% for 65 months deal if you have a 675+ EQ FICO (most likely not an auto-enhanced score). Their next "tier" (below 675, not sure on the cutoff) drops you all the way to a ~5% APR so that's not as good a deal.</P> Wed, 12 Mar 2014 09:08:18 GMT Remember0 2014-03-12T09:08:18Z https://ficoforums.myfico.com/t5/Auto-Loans/what-is-a-quot-well-qualified-buyer-quot-for-automobile-special/m-p/2901196#M38227 <P>im thinking of getting a new car or truck. what is considered a well qualified buyer? I would imagine it would be someone with no auto repo, but does anyone have a fico score to aim for?</P> Wed, 12 Mar 2014 06:45:46 GMT https://ficoforums.myfico.com/t5/Auto-Loans/what-is-a-quot-well-qualified-buyer-quot-for-automobile-special/m-p/2901196#M38227 ori68 2014-03-12T06:45:46Z https://ficoforums.myfico.com/t5/Auto-Loans/what-is-a-quot-well-qualified-buyer-quot-for-automobile-special/m-p/2901310#M38236 <P>It depends on manufacturer. For the top tier, I've seen cutoffs from 680+ Auto enhanced FICO (usually much higher than regular if you have good auto/installment history) to 740+ Auto enhanced FICO.</P><P>&nbsp;</P><P>For the best rates, I've often seen Tier 0 (like super prime) and Tier 1 (prime) qualify so often 720+ is fine. Some manufacturers like Toyota generally extend it all the way down to 680+.</P><P>&nbsp;</P><P>It should be noted that you qualify for DCU's 1.99% for 65 months deal if you have a 675+ EQ FICO (most likely not an auto-enhanced score). Their next "tier" (below 675, not sure on the cutoff) drops you all the way to a ~5% APR so that's not as good a deal.</P> Wed, 12 Mar 2014 09:08:18 GMT https://ficoforums.myfico.com/t5/Auto-Loans/what-is-a-quot-well-qualified-buyer-quot-for-automobile-special/m-p/2901310#M38236 Remember0 2014-03-12T09:08:18Z https://ficoforums.myfico.com/t5/Auto-Loans/what-is-a-quot-well-qualified-buyer-quot-for-automobile-special/m-p/2904664#M38276 <P>Oo thanks. I have I feel a little better about applying for a auto loan now. <img id="smileytongue" class="emoticon emoticon-smileytongue" src="https://ficoforums.myfico.com/i/smilies/16x16_smiley-tongue.gif" alt="Smiley Tongue" title="Smiley Tongue" /></P> Thu, 13 Mar 2014 03:15:54 GMT https://ficoforums.myfico.com/t5/Auto-Loans/what-is-a-quot-well-qualified-buyer-quot-for-automobile-special/m-p/2904664#M38276 ori68 2014-03-13T03:15:54Z