Approval odds

[Dyme]

Ordered a new BMW, $70k out the door price. I make real good money. But I made dumb decisions on credit cards in the past missing 2/3 payments. My credit is 632 (fico auto 8) should go up a bit more since I paid off another credit card but has not hit yet. I paid off all my credit cards and just paid off my 3 year car loan with my credit union that was $40k and never late. I also have a personal loan with them for $5k that I’ve been paying for the past year and have not missed a payment. Wondering what are my approval odds

[Thomas_Thumb]

Put 30% down and your odds should be good.

[cashorcharge]

With a good amount down, low DTI and other successful loans, you should not have an issue.....however, those late payments and low end score will cost you in interest so don't expect a low or advertised rate.  It'll cost you..