Approval amount question

[tbea1004]

What exactly determines how much you approval is for auto loan? I know part of it is income and how much the rest of your bills are. If I want to finance a car for around 50K How strong does my file need to be?

[SamsungHDTV]

To answer your first question, debt-to-income (DTI) is what determines how much you could get approved for. Yes, it depends on your income and how much your other debt obligations you might have. With that being said, it would be impossible to answer your last question without knowing your income and debt obligation.

I hope this helps.