I have never had a auto of any type but I make 275k yearly and looking to get a 2019 X7 my scores and payment history is 100% what are the odds of me getting approved?
Well, payment history may be 100% but Fico 8 credit scores are in a range from 300-850. Also DTI, debt to income ratio, come into play. If your monthly obligations - rent/mortgage, loan payments, etc. are under 50% and your credit score is at least high 600s you should be good. BMW offers their own lease or financing deals: https://www.bmwusa.com/special-offers.html
@Anonymous wrote: So FICO 8 and credit score isn’t the same?
A Fico 8 is the credit score most lenders use. But you said "my scores and payment history is 100% ". A Fico 8 credit score doesnt' have a "100%", it's a number between 300 to 850.
