Got approved today through audi financial for a C.P.O. 2017 s6. Total loan amount @$65000 with 5% APR. CREDIT SCORE :635 EXPERIAN. Payment is 1100 per month
The S6 is something special. I've looked at them on a few occasions. They always catch my eye...that and the BMW M3.
The car is worth every penny. I was paying 16.9% on my previous vehicle, acura TL, but when audi financial approved me for 5%, it was a no-brainer.
The car satisfies three purposes well: brutally quick, a sleeper, and it flies under-the-radar. No fan-fair. When you see the BMW m3, you know it's an m3.
Lastly, the advice I got on this forum really helped.
If it wasn't for many the suggestions on here, I would probably still be stuck with 16.99% APR.
That's awesome @MR_FAKO Happy to hear that the advice given around these here parts have helped you out. I've been thinking about a new vehicle myself...but my current rig is only 13 months old. Currently I'm in a 2018, 392 Scat Pack Charger. Don't know if I want to hold out for the new 2020 Wide-Body Scat Pack, pop for a '19 HellCat, or got for something more subtle and quiet like the Audi S series or BMW M3. Decisions, decisions.
APPROVING BANK: Navy Federal
BUREAU PULLED: Transunion
CREDIT SCORE: 663
SOFT PULL/HARD PULL: Hard
CUSTOMER STATE OF RESIDENCE: CA
YEAR OF VEHICLE: 2013
MODEL: S6 Prestige
PURCHASE PRICE: $42k including registration, tax, and Audi warranty
AMOUNT OF LOAN: $42k
TERM CONTRACTED: 72 months
APR/LEASE RATE: 10.09%
MONTHLY PAYMENT: $800
ANNUAL INCOME: $117,000
MISCELLANEOUS COMMENTARY: Interest rate is high due to not paying off my previous $58k car loan yet. The buyer of the old car is meeting me with a cashiers check in hand this weekend to settle that sale. Once the loan is paid off, my score should see a good jump which will allow me to refinance to a much lower rate in the future.
APPROVING BANK: First Florida Credit Union
BUREAU PULLED: Equifax
CREDIT SCORE: 680
SOFT PULL/HARD PULL: HP
CUSTOMER STATE OF RESIDENCE: FL
YEAR OF VEHICLE: 2019
MODEL: Rubicon 4D
PURCHASE PRICE: 49850
AMOUNT OF LOAN: 38850
TERM CONTRACTED: 60
APR/LEASE RATE: 3.99
MONTHLY PAYMENT: 715
ANNUAL INCOME: 65k
DEBT TO INCOME RATIO: NA
MISCELLANEOUS COMMENTARY: Had some negative marks on my report due to Chase banking error. Unfortunately it wasnt fixed in time and my score didnt recover how I needed it to. Applied to 15 or so banks/CUs and finally received a 3.99 offer for 60. I'm trying to negotiate with 2 other CUs for 3.75 @ 72. We'll see. Then Ill let the dealership try and beat the offer.