2006-08-28 08:42:58 · 12 answers · asked by huesito 3 in Business & Finance ➔ Personal Finance
You generally have to have a credit score of at least 720, although stricter programs will require at least a 740 or 760.
2006-08-28 08:47:26 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I have heard that it has to be at least 660+ (somewhere in that range) to get 0%, but each dealer has different promotions and requirements. If you are looking for very low interest though I would certainly recommend going through the dealer first (depending on your credit score), because the dealer can shop around and try and find the best rate for you...while going straight to the bank, etc...may not be as beneficial since banks tend to have higher interest rates on auto loans. Good luck.
2006-09-01 08:36:59 · answer #2 · answered by vdubbchick 4 · 0⤊ 0⤋
Very high. Very few lenders are offering 0% financing on vehicles right now. You might succeed in finding a low interest special, but not 0%.
2006-08-28 11:06:12 · answer #3 · answered by Freddie 3 · 0⤊ 0⤋
according to this article, if your score is less than 750, you can forget about 0% financing and below 550, don't even bother applying for a car loan at all.
2006-08-28 08:50:06 · answer #4 · answered by Anonymous · 0⤊ 0⤋
When I bought a Honda a few months ago, the cutoff was 720. But it all depepnds on the finance company.
2006-08-28 08:48:34 · answer #5 · answered by Olive Green Eyes 5 · 0⤊ 0⤋
750
2006-08-28 08:44:55 · answer #6 · answered by hfacto 3 · 0⤊ 0⤋
each financer is different, and depends on car in question
the higher demand cars, say lexus or bmw are going to have higher standards, everyday fords/gm, they are almost giving the cars away, score can be lower
2006-08-28 09:03:48 · answer #7 · answered by capollar 4 · 0⤊ 0⤋
i'm not sure now but you have to have a perfect score.
as in 100% current and always has been current.
no missed payments at all i don't think. that goes the same with a house of course.
2006-08-28 08:45:57 · answer #8 · answered by Anonymous · 0⤊ 0⤋
I'm not sure, but if you don't quite make it sometimes a larger down payment can help get a better rate.
2006-08-28 10:30:21 · answer #9 · answered by Anonymous · 0⤊ 0⤋
ask the place where your financing through...it varies
2006-08-28 08:47:27 · answer #10 · answered by Anonymous · 0⤊ 0⤋