DH and I are looking at getting a 2nd vehicle, new. Current car is paid in full [early!], and would be shifted to 'back up' car status, with the new one being the primary vehicle [reliability issues]. But, a work friend of DH went to a dealership and was quoted a rate of 12% for financing, which is something I'd like to avoid. Here's the info y'all will need:
No bankruptcies, charge offs, etc.
Credit cards currently empty, except 1 has balance of under $600 on it [high limit].
Have 1 account for furniture with a balace of $2800, we are paying that off this month [yay!]. Said charge account will then be closed. It is the newest of all our credit accounts, opened in May for sole purpose of taking advantage of 0% interest financing.
DINK of approx $77,000 gross [I've been here 3 years, DH has been working 1, both in steady industries].
No mortgage [we rent, no interest in buying a home right now].
Haven't purchased FICO score yet [at work, lunch break 
], but used estimater thing and it put me personally at 730 ish.
I've had credit for 7 years, no late payments, etc. DH is from another country, has had credit for only 1.5 years, but no late payments, etc. either here or home country.
So, do you think we can get financing for say, 6% or so, assuming a car MSRP of under $18,000 and a downpayment of roughly $3,000??
Many thanks!
Many thanks! In my lurkings, I have seen your posts and find them quite honest and insightful [much of this is still new to me], so I very much appreciate your respoding.