cancel
Showing results for 
Search instead for 
Did you mean: 

Approved!

tag
Anonymous
Not applicable

Approved!

 

2015 Lexus IS 250 F Sport with Nav, Backup Camera, and some other things I forgot about lol 

MSRP: $43513, I believe. Not too sure about that

MF: 0.00085 equivalent to 2.04% APR

Monthly payment: $392.13

Term: 36 months

Bureau(s) Pulled: All three

No auto loan history prior to this one

 

Couple of extra details: absolutely 0 down with first month's payment free with all rebates credited

 

Edit: currently trying to post pictures

 

Message 1 of 16
15 REPLIES 15
DonnyP05
New Contributor

Re: Approved!

I think either your term or monthly payment is a little off. 

Starting Score: 766 EQ, 766 TU, 771 EX
Current Score: 766 EQ, 766 TU, 771 EX
Goal Score: 800+


Take the myFICO Fitness Challenge


Message 2 of 16
Anonymous
Not applicable

Re: Approved!


@DonnyP05 wrote:

I think either your term or monthly payment is a little off. 


Why do you say that?

Message 3 of 16
DonnyP05
New Contributor

Re: Approved!

Looks like you said loan was for 43,5? 

 

If so and your only paying 400 a month, it would take longer than 36 months to pay it off

Starting Score: 766 EQ, 766 TU, 771 EX
Current Score: 766 EQ, 766 TU, 771 EX
Goal Score: 800+


Take the myFICO Fitness Challenge


Message 4 of 16
Anonymous
Not applicable

Re: Approved!

Congrats!!! Good job!!

Message 5 of 16
Anonymous
Not applicable

Re: Approved!


@DonnyP05 wrote:

Looks like you said loan was for 43,5? 

 

If so and your only paying 400 a month, it would take longer than 36 months to pay it off


He is talking about a lease...

Message 6 of 16
Anonymous
Not applicable

Re: Approved!

Yeah I think something is wrong with his details. He didn't say if it lease, and if not monthly payment is too low for the term.

Message 7 of 16
sccredit
Valued Contributor

Re: Approved!


@Anonymous wrote:

Yeah I think something is wrong with his details. He didn't say if it lease, and if not monthly payment is too low for the term.


MF (money factor) applies ONLY to a lease 

Message 8 of 16
Anonymous
Not applicable

Re: Approved!

Congrats, well done,  Lexus leases are generally pretty good deals as long as you can live within the mileage limitations. Happy to see you know the money factor, so many folks do leases without paying attention to what all of the terms are.

Message 9 of 16
Anonymous
Not applicable

Re: Approved!


@Anonymous wrote:

Congrats!!! Good job!!


Thank you! Smiley Very Happy

Message 10 of 16
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.