
I've requested the credit bureaus to remove/fix parts of my credit report so that hopefully my fico will go up. I want to get my fico as high as i can before applying for a car loan/lease. I usually put less than10k miles on my vehicles per year. I own a 2001 toyota mr2 with less than 40k miles. I plan on selling it and putting the money down on a purchase if i don't qualify for a lease.
They have no "tables" per se. But, 720 Fico Score IS the magic number. If you're over that, you're going to get premium interest rates for ANY loan, not only auto loans. .
What kind of interest rate do first time buyers get on auto loans?
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What is a well qualified buyer for auto loans?
Does President Bush have the authority to authorize auto loans?