I will say I make 2500 a month.
2007-02-23 09:10:48 · 16 answers · asked by Anonymous in Business & Finance ➔ Credit
With a score like that, they'll practically give away the money to you.
2007-02-23 09:13:03 · answer #1 · answered by Anonymous · 0⤊ 0⤋
811 is an incredible score. You could go the no down payment option but then again why would you want to? Your interest will be slightly higher regardless of your credit score. Auto brokerage is not like buying a home (someone mentioned 20% in an earlier answer)... rates do not fluctuate based on credit score. However, you can always refinance to improve the mfg's bank offering. Your excellent credit just will allow the dealer to makes the purchase faster and bypass a down payment... however, to keep your score 811 or better put money down. Total amount owed effects your score too don't forget...of course at 811... you certainly can give up a few points and feel no effect...LOL
2007-02-23 09:21:14 · answer #2 · answered by daven71 4 · 1⤊ 0⤋
1
2016-09-27 19:09:04 · answer #3 · answered by ? 3 · 0⤊ 0⤋
You'll have to go and talk to some banking people and see what offers you can get. I suggest that credit unions will usually give you the best interest rates, but sometimes a reputable dealership will do pretty good, too.
2007-02-23 09:14:08 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Yes they will
What your credit score does to you, however lowers your interest.
BUT if I were you I'd shop around for the best rates - what I usually do is to go to a credit union and ask them for a print out of the rate that they are willing to give it to you.
Bring the printout to the car dealership and show it to them - they will usually offer you lowER interest rate than the one that you have (it's better to earn little cash for em than nothing at all)
2007-02-23 10:38:10 · answer #5 · answered by cerbie86 1 · 0⤊ 0⤋
sure
go to a credit union
you get the best rate ( better than any bank )
of course American car dealers are more anxious to sell and can offer zero down financing for tier 1 credit like yours
but he payments will be high due to the short loan period
2007-02-23 10:58:02 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I think that most banks will take that loan, especially with such a high credit score. You shouldn't have a problem.
2007-02-23 09:13:34 · answer #7 · answered by Anonymous · 0⤊ 0⤋
We just bought a new $30,000. vehicle.... Zero down, No payments for 3 months, No money down... and 1.9% interest rate...$399 a month... and a 740 credit score. You have to know what you want and stand your ground.
2007-02-23 09:20:29 · answer #8 · answered by Anonymous · 0⤊ 0⤋
definately! You have great credit, you shouldn't have any trouble getting financed. If you are in doubt, wait a month or two, save a couple grand and then go buy a car.
2007-02-23 09:13:18 · answer #9 · answered by Roger B 2 · 0⤊ 0⤋
Your credit score it outstanding, so you should have no problem. Trust me, I have HORRID credit and I just got a new car.....they will do anything under the sun to sell you a car.
2007-02-23 09:13:17 · answer #10 · answered by Anonymous · 0⤊ 0⤋