Interest rate

[jd10013]

Originally Posted by honor first

yeah theyll submit your info to 10 banks, who all run your credit. 10 inquires in a matter of minutes on your credit for two years now.

no, the dealership runs your credit score, then sends that out with the application. the bank will sometimes verify it before finalizing the loan. when I bought my camaro, the only inquiry on my credit was from the dealership. at most, you get two inquires. do you you have any idea how this stuff works?

[jd10013]

Originally Posted by MLAZ1990

I had to pay 17.99%!!! 21 years old with no credit...

lol, been there done that. actually, I think my first car loan, at 19 with no credit I think, was for 21% on a two year old nissan sentra.

[edog45]

Originally Posted by Emig5m

Just curious, what's your credit score for reference of what's considered "good credit". Someone above says a lower 700 wasn't great but I was under the assumption that it is... (I've been approved for 0% in the lower 700's in the past).

My credit score is 787

[JMalmsteen]

I was able to get 1.74%. Experian had my credit at 781. The dealer had my credit listed as 755. They gave me a great deal on the car ($20,970 for a base manual with rally stripes)