APPROVING BANK: Ford Motor credit
BUREAU PULLED: All 3, used Experian
CREDIT SCORE: 660 EQ, 623 EX, 647 TU
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: Used
YEAR OF VEHICLE: 2009
MAKE: Ford
MODEL: Edge SEL, CPO
MILEAGE: 42,000
RETAIL/LEASE: 21,800 (asking 22,892)
DOWN PAYMENT: 3,000
AMOUNT OF LOAN: 19,053
TERM CONTRACTED: 72
APR/LEASE RATE: 8.99
MONTHLY PAYMENT: 345
ANNUAL INCOME: 54,000
MISCELLANEOUS COMMENTARY: Approved for Cap One Blank check for 9.41% for 72 months, waiting to hear back from Lockheed Federal Credit Union to see if they can beat it. LFCU is def my preference. I was really bummed that they had to use my lowest score, EX, I wonder if that's true...
I was going to wait another month until I paid down my cc's, but it just so happened that I came across a blue Edge SEL, which is quite rare, so I went ahead and pulled the trigger! Got a good $2K below KBB, CPO, free oil changes for 2 years and they gave me a good $1000 above value on my trade. I feel very happy about my deal! Had my previous car for 13 yrs, so nice to finally upgrade!
Starting: TU 616 (VS) EQ 598 (FICO) EX 619 (FAKO)
Current: TU 660(FICO) EQ 702 (FICO) EX 716 (FICO)