2007-11-19 15:29:40 · 4 answers · asked by shadow6741 1 in Cars & Transportation ➔ Buying & Selling
With a good down payment, Ford Motor Credit is pretty easy to approve as long as you don't have horrible credit.
I've even seen some people with lousy credit elsewhere, but paid Ford OK & so Ford approved them again.
I just got a guy with a very low score (due to medical difficulties) get approved @ 3.9 % on a $35,000 truck through FMCC when another lender approved him @ 17.99 %... just because he has paid his car loans well in the past with Ford.
His own bank wouldn't finance him at all.
2007-11-22 07:22:33 · answer #1 · answered by Vicky 7 · 3⤊ 0⤋
Loaded question...but here is my answer. It's not the car but the price, since loaning institutes judges who they finance and for how much base on your credit worthiness. If you can't get approve for a $20k car try a new model on the cheaper side, like $10k and below and there is a few of them around and many more are coming equip very nicely these day.
So if can't get into that fully loaded VW don't fret, analyze what's really important to you and look for in a cheaper car. ☺Saturn maybe.
2007-11-19 16:01:12 · answer #2 · answered by Mrs. Zlio com 1 · 0⤊ 0⤋
i can't answer about easier, but i agree with jay: i've found the credit unions to have better service and better rates than most banks in my area, and the smaller banks to have better service than the larger.
2016-05-24 06:59:10 · answer #3 · answered by ? 3 · 0⤊ 0⤋
IT WILL DEPEND ON YOUR CREDIT HISTORY, WHERE YOU LIVE AND SO ON.
ITS BEST TO JUST GO TO THE BANK OR CREDIT UNION AND LET THEN DO ALL THE WORK FOR YOU AND THEN YOU CAN SEE FIRST HAND WHAT YOU CAN AFFORD.
GOOD LUCK
2007-11-20 00:38:28 · answer #4 · answered by Anonymous · 0⤊ 0⤋