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I was at a Toyota dealership yesterday and had them pull my score for financing. I also had my CU pull today to give me a loan rate. I understand that multiple inquiries within a certain period will be scored as 1. Do they have to have a description or name in the inquiry for auto to qualify as 1 inquiry?
If you pull your report directly from the CRAs, you'll see the inquiries with the column called "permissible purpose". They should say "automobile" or something like that. Now absent that description, there's an internal coding that we cannot see which tells FICO that it is for a car. The only way to discern is to pull your FICO report and look for the number of inquiries in the Glance page or the neg. reasons and compare that to the actual number listed on the Inquiries page. You might be dinged for 6, for example, but actually see 10 inquiries.