Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - Camaro5.com
 
Trunk Monkey Parts
Go Back   Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - Camaro5.com > General Camaro Forums > Camaro Price | Ordering | Tracking | Dealers Discussions


Reply
 
Thread Tools
Old 12-18-2012, 11:12 PM   #1
bearcamaro8624
 
Drives: 97 grand prix gtp coupe
Join Date: Dec 2012
Location: cleveland
Posts: 11
Post whats a good credit score to get a camaro

I want to get v6 Camaro rs package but need to fix my credit
bearcamaro8624 is offline   Reply With Quote
Old 12-18-2012, 11:15 PM   #2
midnighter
Account Suspended
 
Drives: nothing
Join Date: Nov 2010
Location: a hole
Posts: 17,910
400
midnighter is offline   Reply With Quote
Old 12-18-2012, 11:17 PM   #3
CyberPunk223
Account Suspended
 
Drives: 2012 LS Camaro
Join Date: Nov 2012
Location: Hagerstown, MD
Posts: 384
i got had 550 when i bought my 2012 4 months ago and all i could get was a 1LS, no options. and I'm paying way too much interest. I could not get used, credit wasnt good enough, forget the rs package, you dont need any of that stuff anyway, the base car comes standard with all the basics. it's a great value for $23,000.
CyberPunk223 is offline   Reply With Quote
Old 12-18-2012, 11:20 PM   #4
fielderLS3


 
fielderLS3's Avatar
 
Drives: 2016 Mazda6, 2011 Mustang 5.0
Join Date: Mar 2010
Location: Portage, Wisconsin
Posts: 3,981
A good credit score would be 700 or above.
__________________
"Proven V-8 power with better efficiency than a turbo V-6"

"The car is the closest thing we will ever create to something that is alive."eds.
fielderLS3 is offline   Reply With Quote
Old 12-18-2012, 11:20 PM   #5
DagoCountyGee

 
DagoCountyGee's Avatar
 
Drives: 2013 BRM Camaro 1LT/RS M6
Join Date: Sep 2012
Location: North County
Posts: 1,064
Quote:
Originally Posted by CyberPunk223 View Post
i got had 550 when i bought my 2012 4 months ago and all i could get was a 1LS, no options. and I'm paying way too much interest. I could not get used, credit wasnt good enough, forget the rs package, you dont need any of that stuff anyway, the base car comes standard with all the basics. it's a great value for $23,000.
How much interest are you paying?
DagoCountyGee is offline   Reply With Quote
Old 12-18-2012, 11:32 PM   #6
camaro-dreamer
 
camaro-dreamer's Avatar
 
Drives: 2013 Porsche 981S
Join Date: Feb 2012
Location: TN
Posts: 311
I know I always get crap on this site for my opinion on this issue. However, if you are having credit problems, you probably cannot afford a Camaro. If you cannot write a check for the car you want to buy, you probably cannot afford it.
camaro-dreamer is offline   Reply With Quote
Old 12-18-2012, 11:32 PM   #7
SSmokinSS
Get Some
 
SSmokinSS's Avatar
 
Drives: 2014 ZL1 6Speed
Join Date: Mar 2012
Location: The Wood's Edge, NM
Posts: 708
I have gotten on my last few cars..

New 2012 Silverado 3.9% for 75months
New 2011 Camaro SS 4.9% for 78months
New 2012 Tahoe 4.25% for 75months
New 2013 Sonic LT 2.9% for 72months
Used 2008 Suburban 4.5% for 72months
Used 2011 Camaro SS 4.49% for 84months
Used 2009 Avalanche 4.9% for 78months
Used 2007 Suburban 5.5% for 72months

These have all been purchased within the last two years.
My credit is average (650-690)
Debt to income ratio is key....

Always have more coming in than going out, and no late payments.
You can have debt up to your ears and have perfect credit, or pay cash all your life and have a credit score of 0.
__________________
SSmokinSS is offline   Reply With Quote
Old 12-18-2012, 11:34 PM   #8
SSmokinSS
Get Some
 
SSmokinSS's Avatar
 
Drives: 2014 ZL1 6Speed
Join Date: Mar 2012
Location: The Wood's Edge, NM
Posts: 708
Quote:
Originally Posted by camaro-dreamer View Post
I know I always get crap on this site for my opinion on this issue. However, if you are having credit problems, you probably cannot afford a Camaro. If you cannot write a check for the car you want to buy, you probably cannot afford it.
You shouldn't get crap for your opinion.
If everyone followed that logic, this site would be pretty lonely though!
__________________
SSmokinSS is offline   Reply With Quote
Old 12-18-2012, 11:39 PM   #9
fielderLS3


 
fielderLS3's Avatar
 
Drives: 2016 Mazda6, 2011 Mustang 5.0
Join Date: Mar 2010
Location: Portage, Wisconsin
Posts: 3,981
Quote:
Originally Posted by SSmokinSS View Post
These have all been purchased within the last two years.
My credit is average (650-690)
Debt to income ratio is key....
It's my understanding that FICO doesn't take income into account at all (or if it does, it does so marginally). It's the debt to available credit ratio it looks at, along with payment history.
__________________
"Proven V-8 power with better efficiency than a turbo V-6"

"The car is the closest thing we will ever create to something that is alive."eds.
fielderLS3 is offline   Reply With Quote
Old 12-18-2012, 11:41 PM   #10
scuba264
 
scuba264's Avatar
 
Drives: Manual 2011 CGM LS
Join Date: Sep 2008
Location: Steeler Country
Posts: 568
Quote:
Originally Posted by camaro-dreamer View Post
I know I always get crap on this site for my opinion on this issue. However, if you are having credit problems, you probably cannot afford a Camaro. If you cannot write a check for the car you want to buy, you probably cannot afford it.
This logic is insane to me haha. I see this pop up from time to time from people. I'm 29, have a credit score of 751, a good job and no debt other than student loans, car, and mortgage but I could never just pay cash for a Camaro! Who even does that??? I'd love to know the percentage of people that can actually do that, come on!

If you can pull that off, fantastic, but you can't really believe the general public should or could really follow that rule. According to that I should be riding a mountain bike as my DD lol. I could probably cut a check for one, maybe even a high end Canondale or Specialized!
__________________
scuba264 is offline   Reply With Quote
Old 12-18-2012, 11:42 PM   #11
cornerspeed92


 
cornerspeed92's Avatar
 
Drives: 2013 1SS 1LE
Join Date: Jul 2012
Location: SoCal
Posts: 3,987
862...yes thats for real.I just bought my dream car(SS 1LE)2.25%
cornerspeed92 is offline   Reply With Quote
Old 12-18-2012, 11:43 PM   #12
midnighter
Account Suspended
 
Drives: nothing
Join Date: Nov 2010
Location: a hole
Posts: 17,910
I have 450/435/426, is that decent?
midnighter is offline   Reply With Quote
Old 12-18-2012, 11:43 PM   #13
Apex Paul
 
Apex Paul's Avatar
 
Drives: Wagon Queen Family Truckster
Join Date: Oct 2009
Location: Louisville, Ky
Posts: 1,478
Quote:
Originally Posted by SSmokinSS View Post
Debt to income ratio is key....

Always have more coming in than going out
lol, mine is more like a basketball score than a ratio. I'm going to have to work on that coming in/going out thing you speak of.
Apex Paul is offline   Reply With Quote
Old 12-18-2012, 11:45 PM   #14
cornerspeed92


 
cornerspeed92's Avatar
 
Drives: 2013 1SS 1LE
Join Date: Jul 2012
Location: SoCal
Posts: 3,987
Quote:
Originally Posted by midnighter View Post
I have 450/435/426, is that decent?
My understanding is 700 is average.
cornerspeed92 is offline   Reply With Quote
 
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 08:21 PM.


Powered by vBulletin® Version 3.8.9 Beta 4
Copyright ©2000 - 2016, vBulletin Solutions, Inc.