Looking to get into a new car in the next few months. How much more from your last auto loan to lenders approve you for?
Had 1 auto loan for 3 months, 42k / 72m
Within those 3 months I paid it down to 35k and refinanced.
payed down the 35k /60m loan within 12 months. My credit report shows both of these loans, separately, both closed and paid in full as agreed.
scores 700ish all around, no negatives, 300k-ish income. DTI under 2%, no other loans besides some CCs. Total credit history is only 2.5 years though.
Looking to get into a car around 130k and wanted to plan how much I'll need to put down.
Based on your current profile (income, DTI) and healthy down payment, it would seem to me that getting a $130K car is not a problem at all. I don't think getting an auto loan for double what you once did is out of the question if your profile and cash warrants it and it sounds like it does
I wonder where you are getting your score from. With a 2% DTI it would seem your score would be MUCH higher if you have low balances on your cards, even with only a 2.5 year history. I would pay down some of that if possible and get that score above 740... things get REALLY easy above that number.
Make sure you are using a FICO score and not a useless Vantage score. As @cashorcharge said I believe it's in the realm, but you definitely want the best terms possible.