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Auto loan rates

tag
Anonymous
Not applicable

Auto loan rates

Was wondering what kind of rates I can get with:

 

687Eq/680TU/694Exp Auto sore 5,4,2 and....

 

682Eq/676TU/678Exp Auto score 8?

Message 1 of 3
2 REPLIES 2
4sallypat
Valued Contributor

Re: Auto loan rates

Try Capital One Auto Navigator with a SP.

 

Their offer is generally a mid tier rate and you can take it to the dealer and see if they can beat it...

Message 2 of 3
Kforce
Senior Contributor

Re: Auto loan rates

Hello, and welcome to the forum.

 

Auto loan rates and amounts are dependent on many, many factors.

Fico score is only one, and often not the most important.

(Make/model of vehicle, new/used, mileage, down payment, income, other monthly expenses, history, etc.)

 

It is best to check a few places that will use a soft pull of your credit, answer what other info they need and give you the numbers.

 

Capital One Auto Navigator is an on line lender that does this , along with many CU's.

All the CU's that I belong too will SP my credit and tell me the numbers before shopping for a car.

* Note most lenders have different rates for new vs used vehicles and penalty interest for longer loans. *

Knowing what vehicle, and your preferred term  = more accurate rate numbers.

A 3 year loan with 20% down will yield different rates than a 72 month with 110%.

 

A loan officer with a good CU can help you sort out the limits for you income, credit profile and give you accurate meaningful data to make decisions with.

 

Good luck car shopping.

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