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Approval odds?

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Anonymous
Not applicable

Re: Approval odds?

The only one that might finance you at a decent rate is capital one auto finance. they will only finance max of 40k. Most other won't touch you for a 2nd car loan until your score is over 680 and if they do the rate will be in the 16%+

Message 11 of 16
Anonymous
Not applicable

Re: Approval odds?

Thought I would throw this out.  Went ahead a little sooner than planned.  Skipped out on the camaro, financing was telling us to sell a car, which wasn't going to happen as I need the pickup for winter driving...

 

Now leasing this -

2016 Challenger 392 Hemi Scat Pack Shaker.

Message 12 of 16
Appleman
Valued Contributor

Re: Approval odds?

Congrats on the new car!

 

If you don't mind for the benefit of others, what kind of deal did you end up with financing wise?

Message 13 of 16
Anonymous
Not applicable

Re: Approval odds?


@Appleman wrote:

Congrats on the new car!

 

If you don't mind for the benefit of others, what kind of deal did you end up with financing wise?


Have a cosigner, leased through Chrysler Capital.  7% interest, 15k a year in miles, 36 months, just under 6k down.  I wanted a lease over purchasing.  

 

GMFinancial and Ally (who we have current vehicle loans through) wanted a trade in or sale of one of the vehicles, which was not an opition.  

Message 14 of 16
Anonymous
Not applicable

Re: Approval odds?


@Anonymous wrote:

@Appleman wrote:

Congrats on the new car!

 

If you don't mind for the benefit of others, what kind of deal did you end up with financing wise?


Have a cosigner, leased through Chrysler Capital.  7% interest, 15k a year in miles, 36 months, just under 6k down.  I wanted a lease over purchasing.  

 

GMFinancial and Ally (who we have current vehicle loans through) wanted a trade in or sale of one of the vehicles, which was not an opition.  


Too late now but did u tried to apply at capital one for auto loan??

Message 15 of 16
Anonymous
Not applicable

Re: Approval odds?

The car is a 53k car. CapOne wouldn't/can't finance that full amount.
Message 16 of 16
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