@Anonymous wrote:
Looking to finance with Infiniti and have a couple of questions. If I submit the financing prequal on infiniti.com vs the local infiniti dealer do they pull different reports/scores? And of course the bigger question is what specific score is infiniti looking at these days?(which bureau and which score from which bureau?).
Thanks in advance!
Well, for the Infiniti G37 that I financed before my current Nissan 370Z, I walked into the dealer and they got me the best rate with NMAC. If you do it through the site, it's just going to push you to a local dealer that will run your credit all over town anyways.
Just see what you could do with a credit union first, or with Capital One's Auto navigator, just so you may gauge where you land. NMAC is pretty versital in lots of payment plans, from the traditional, to the balloon loans, but they really will dive deep into your credit file. They pulled all 3 of mine, then went with the best one which was equifax. Back then, in 2012, with no cosigner, and $2000 down, I got 8.7%. But now, since I am "in" with them, they automatically took me back because I never missed a payment, and they gave me a better rate of 6.2% for 60 months, my payments are $570/month, no cosigner. As long as you never burn them, they will always be good to you. First car score was a 647, this time around, my score was a 682.
Are you trying to get a newer model or pre-owned? If it's up in the air, Infiniti/Nissan is pretty notorious with taking like $4000 off of the newer model year car to make a sale. They did with mine, and depending on how desperate the dealer is to make that sale, he might even pay your trade off in full so you have no upside down. I think with me, since my first car was financed through NMAC, they squashed the interest on the loan since I was taking out another one.
Sorry for my rambling, just try a credit union first so you can have some defence when you walk into the dealer. :0) GOOD LUCK!
