HI alll--
I'm looking to buy a 2016 Honda Touring Coupe. My mom, who is a bored reitree, is also a federal employee, so I can take advantage of their discounts--meaning I can't pay more than 1% over what the dealer paid for the car, plus they are required to give me all incentives--I'm figuring out the door, taxes, etc should put me around 26K. Can anyone give me any feedback? I've been slowly rebuilding my credit for years..I've got around a 600/610 (depending on who you pull) and no late car payments since 2013 (I had 3, 30 days late, then)-and I paid that loan off two years early. I do have some other collections baddies I'm working to clean up, due to not receiving utility bills when I moved-income is 175K a year (single.) Recurring Monthly debt is around 3K (including rent and current car payment--used, 2007, previously obtained via Credit Acceptance and what is owed is below what car is worth, so I'm not upside down.) I pay my CC off 90% monthly (still working on when it hits the reports!)
FYI--I do have crazy student loans, but have deferred them and am just throwing money at them in the interim, so they don't show up as recurring monthly (I don't think.)
I will have equity in my trade in and plan to put around 2500-3K down (can do a little more)...thoughts? I am pre-approved through Cap One, but prefer to not go through them, if I can get a better rate.
Thanks!
