My husband and I are trying to buy a new car. My husbands fico score is .25pts lower than mine. If he puts the car in his name with me as a cosigner as opposed to me putting it in my name only, will we get a better APR?
2006-11-05 17:24:20 · 4 answers · asked by BPB 2 in Cars & Transportation ➔ Buying & Selling
Put whoever's name on first that has the higher fico score. Unless you both end up in the same tier ie. 650-680. The person with the higher score will qualify for the lower rate.
Former Sales and Finance Manager at New Car Dealer
2006-11-06 02:53:40 · answer #1 · answered by Colin L 5 · 0⤊ 0⤋
1
2016-09-26 06:30:09 · answer #2 · answered by ? 3 · 0⤊ 0⤋
It depends on what the score is. If you both have good credit, 25 pts won't matter.
2006-11-06 02:24:44 · answer #3 · answered by jay 7 · 0⤊ 0⤋
Have some one co-sign for you guys
2006-11-05 18:26:40 · answer #4 · answered by Anonymous · 0⤊ 0⤋