I am planning to buy a new vehicle in the next month or two (whenever I get my Homebuyer Tax Credit in the mail). If I were to apply for credit with either Toyota Financial or GMAC (the vehicles I have narrowed in on are a Toyota and a Chevy) and got approved, how long would I have to purchase the vehicle before I would need to re-apply?
I am thinking about trying to apply before my mortgage shows up on my reports because I have no idea how this is going to affect my scores. My DTI should be fine either way, but I will need to squeeze out every last point I can to make sure I make into the highest Tier possible for financing.
