New Loan Question

[HanginInThere]

I have a co-signer on a new car that I am currently looking to finance for 72 months.  His TU FICO score is 651.  Anyone happen to know around an estimate of financing rates I may get?

[Anonymous]

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@HanginInThere wrote:

.  Anyone happen to know around an estimate of financing rates I may get?

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0%-25.99%?

Honestly,  Just a score does not matter. Questions that will influence:

1- Amount financed.

2- Vehicle financed

3- income

I would expect something in the 7.9+ or greater, 650 is not a great score.

[Anonymous]

Another factor will be the finance company.

[Anonymous]

Go shop around for loan. I believe PenFed offers 3.99 for good credit. Maybe you can score a good rate there. Make sure you do it in two weeks so it wont hurt your score that much.

Message Edited by Eiso on 04-01-2009 08:36 AM