Capital One Auto

[Anonymous]

I was planning to wait a few months to apply for an auto loan.  But I pre-qualified with the Cap One Auto Navigator.

Looking at a new 2020 Hyundai Kona SEL FWD 

$18,065

5.55 APR

10 year/10000 mile powertrain warranty and 5 year/60000 mile bumper to bumper warranty

Payment $350/mo for 60 months 

When I go in to test drive it and talk to the finance manager, I will give them my pre-qual letter.  

My terms are a $500 down payment and I may trade in my old Ford if they're willing to take it or sell it and use that money towards an extra payment on principal. 

I read in the Forums not to buy Gap insurance from the dealer.  

Any other important advice for me?  

[Brian_Earl_Spilner]

There's nothing wrong with buying GAP from a dealer, just negotiate the price. I always buy GAP when I buy my car. It starts at $800 and ends up about $200 by the time we're done. Simply tell them you'll buy it elsewhere because they're too expensive. If they want it, they'll drop the price.

[Anonymous]

Just curious what were your scores that netted you that rate. 

[Anonymous]

These are my current FICO scores EX 652 EQ 661 TU 657